The Governor of the Central Bank discusses obstacles to the work of Islamic banks with the International Rating Agency

by **RamblerNash** Sat Jun 25, 2022 7:26 pm

Update 06/25/2022 - 10:53 PM

Economy News-Baghdad

The Governor of the Central Bank of Iraq discussed, on Tuesday, the obstacles to the work of Islamic banks in Iraq with the International Rating Agency.

And the bank’s media said in a statement that the Governor of the Central Bank of Iraq, Mustafa Ghaleb, met a delegation from the International Islamic Rating Agency at the headquarters of the Central Bank in Baghdad.

The governor discussed the most prominent obstacles facing Islamic banks in Iraq and the efforts being made to advance them.

During the meeting, they discussed ways to develop the agency's work in Iraq and its classification mechanisms for Islamic banks.

For his part, the agency's delegation confirmed that "the Iraqi Islamic banking sector is one of the promising sectors," expressing "the agency's readiness to cooperate with the Central Bank in implementing its vision and providing the necessary support."

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