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Organization Of Islamic Economics
The Islamic Economics Organization of Iran (, formerly Islamic Bank of Iran) or simply the Organization of Islamic Economics was the first Islamic banking and finance, Islamic banking institution created in 1979 after the Iranian revolution, Islamic Revolution. The organization acts as a Central bank, Central Bank for issuing Qard al-Hasan (Islamic loan funds), and was exempted from nationalization by the decree of Ruhollah Khomeini. The creation of this organization marked the first move towards establishing a parallel system in the banking sector, operating outside the purview of the Central Bank of Iran. It currently supervises 1200, out of 2500 Islamic loan funds, on behalf of Iran's Central Bank. History Background Mir-Muhammad Sadeghi, a prominent member of ''Islamic Coalition Party, Mo’talefah'' and a supporter of Khomeini from the Bazaari class, played an active role in establishing Islamic loan funds both before and after the revolution. Shortly following the revolu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Organization Of Islamic Economics 2
An organization or organisation (English in the Commonwealth of Nations, Commonwealth English; American and British English spelling differences#-ise, -ize (-isation, -ization), see spelling differences) is an legal entity, entity—such as a company, or corporation or an institution (formal organization), or an Voluntary association, association—comprising one or more person, people and having a particular purpose. Organizations may also operate secretly or illegally in the case of secret society , secret societies, criminal organizations, and resistance movements. And in some cases may have obstacles from other organizations (e.g.: Southern Christian Leadership Conference, MLK's organization). What makes an organization recognized by the government is either filling out Incorporation (business), incorporation or recognition in the form of either societal pressure (e.g.: Advocacy group), causing concerns (e.g.: Resistance movement) or being considered the spokesperson o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
