Publish Detail
   Islamic Financial Institutions in Iran; With Emphasis on Investment Banks
Publish Type: Bulletin
Publish Date: Feb 23 2015
Abstract: As in Iranian capital market we do not have permission to launch financial institutions that contradict Shariah in any degree; we have structured some investment banks that basically follow Shariah principles and do not entitle to contradict Shariah. Namely, Amin investment bank is the 1st experience of Iranian investment banking industry which received operation license in September 2007; after that Securities and Exchange Organization (SEO) issued operation license to 7 other cases which finally number got 8 till now.