Nasiriyah News Network / Morteza Hamid:
Corporation announced a bank branch in the city of Nasiriyah, he offers a variety of services to its clients according to Islamic law and away from interest-based approach used in most local banks.
The general supervisor of the Islamic Bank Corporation in Dhi Qar Mohammed Battat News Network Nasiriyah, that the bank deals with its customers, according to Islamic law away from an interest-based deal, which offers savings accounts without determining the profits of usury does not give a fixed interest loans.
It also provides the bank current accounts and facilitates transactions through traders letters of guarantee, whether relating to tenders or letters of good project implementation, or operational advances, saying that all this is very simplified procedures differ from the rest of the banks.
And that the bank handles bag Islamic investment system where any citizen or customer to deposit amounts and possible operation in projects related to banks without specifying the percentage of the profits.
He noted that the bank has branches in several cities, including Baghdad, Karbala, Samawa and Basra, Maysan, and that his links with international banks in countries abroad as well as neighboring countries and thus can facilitate the movement of funds to those countries.
It also handles the bank account of your LC businessmen, contractors and merchants, which enable them to transfer money out of the country.
He explained that the bank's ATMs will be placed in its own inside the bank and thus possible for each customer that the applicant withdraw his money easily.
Meanwhile, a bank branch manager in Nasiriyah Ali Mohamed Hussein, said that the banking system is based on the particular linked with 19 branches in Iraq, where a citizen can withdraw money from any province wants without paying a commission.
He noted that the bank follows a unified system accountant integrated system does not accept the error and engage in the framework of the Central Bank of Iraq.
He pointed out that the number of depositors in the current account with the bank during the first month of opening of 25 companies and 15 people, and still receives from the bank wants to open current accounts.
[You must be registered and logged in to see this link.]