Islamic Banking confab opens in Tehran

Islamic Banking confab opens in Tehran

Tehran, Aug 30, IRNA – The 27th Conference on Islamic Banking opened in Tehran in the presence of government spokesman Mohammad Baqer Nobakht, Minister of Economy and Finance Ali Tayyebnia, Governor of the Central Bank of Iran (CBI) Valiollah Seif and several high-ranking officials.

The two-day conference is attended by experts, university professors and monetary analysts.
The event is mainly focused on compiling the bills of 'Iran Banking' and 'Central Bank of Iran' aimed at describing the challenges and opportunities of the country banking system and interaction of usury-free banking with international banking.

Several academic and banking individuals on local and international levels will discuss Islamic banks' experience and challenges of the country's banking system in interacting with the regulations of international banking.

Ways to reform the country's banking infrastructures, the health of banking system, creation of entities and instruments to help forge cooperation with international banking, solutions to diversify operations and development of services pertaining to international banking are also on the confab's agenda.

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