KTFA:
Frank26: “THIS SUBJECT IS ONLY BECAUSE THERE IS NO USD TO USE & THE 3 ZERO NOTES ARE WORTHLESS IN IRAQ. SO WHERE’S THE LIQUIDITY?… IN THE LOWER NOTES THAT ARE ABOUT TO BE INTRODUCED”………F26
Al-Alaq denies to Al-Iqtisad News the existence of a liquidity crisis in the Iraqi dinar
2/22/2024 Baghdad
The Governor of the Central Bank of Iraq, Ali Al-Alaq, denied reports that there was a problem in providing the dinar.
Al-Alaq said in his speech to Al-Iqtisad News, on the sidelines of the workshop on enhancing electronic government collection, organized by the Iraqi Private Banks Association, today, Thursday, that “everything that is being raised about a problem in providing the Iraqi dinar, or a liquidity crisis, is not true.”
He added that the Central Bank did not stop for a single moment in responding to the Ministry of Finance’s liquidity requests. LINK
Frank26: “ALL THE CBI MEETINGS AROUND THE WORLD… ONLY TALK ABOUT THE MONETARY REFORM OF IRAQ”……..F26
The Central Bank of Iraq hosts a technical workshop for the General Council of Islamic Banks and Financial Institutions
February 20, 2024
The Central Bank of Iraq hosted a technical workshop on governance and compliance in Islamic banks and financial institutions, organized by the General Council of Islamic Banks and Financial Institutions.
The workshop, which was attended by a number of representatives of Islamic banks and financial institutions, regulatory bodies and supervisory authorities, and international organizations, discussed governance and compliance in Islamic banks and financial institutions, supervisory methodologies for continuity and development after crises, challenges of governance and compliance in Islamic finance, as well as risk management practices.
The workshop saw the work program carefully designed to integrate theoretical frameworks with practical applications in the field of governance, compliance and risk management to ensure maximum benefit for participants.
For his part, Deputy Governor of the Central Bank of Iraq, Dr. Ammar Hamad Khalaf, stressed that the success of the workshop underscores the growing importance of Islamic finance in Iraq, considering that “hosting this workshop reflects our fruitful cooperation with the General Council in order to encourage best practices for governance and compliance within Islamic financial institutions.” in Iraq”.
In turn, the Secretary-General of the General Council, Dr. Abdul-Ilah Belatiq, said, “Through this distinguished initiative, we reflect the joint commitment between the General Council and the Central Bank of Iraq in developing the principles of governance and compliance in the Islamic financial industry,” looking forward to “more cooperation and constructive work to strengthen and develop the financial industry.” Islam in the region.
