27.07.2011 - Iran: Use of Islamic finance mechanisms a priority
Promoting the capital market and using Islamic financing mechanisms are the top priority of the government, said minister of economic affairs and finance. Shamseddin Husseini pointed out that global Islamic financing mechanism stood at $1.2 billion in 2000 but this figure increased to $58.5 billion in 2010, reported IRIB News. Close to $233 billion worth of Islamic bonds were published worldwide during 1994-2010, of which $47 billion pertained to Iran, he pointed out..............................................Full Article: Source
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