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Islamic Spectrum Bank

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Islamic Spectrum Bank Empty Islamic Spectrum Bank

Post by claud39 on Fri Feb 21, 2020 10:08 am

=68.ARAvjH-Z9iUmrszfC9tzgiBvt_MsAL-sxiknN4z1W9BhBkIqcFpkQtJbFIJobjqwDEKYyoaZM4zR-UPgDWMDyfHUo-Gydm3ZVTuO3XpIkraRONxgsN085Nsg-zHetwAdgx1WtMe5Q5tD_OQO1FrWWkIydI2JOI2QIKFOGsX0Y7RYJP5vpxG9prkcKKkXjG1BN6dNTcJ_rqTzphimEAp5WiISzWe7aq5tHtQ_GBxMfmMRGVos8B0mZI1oCfC5cLv_6ZCMdlr85Lp-fO8rJ2IOy0wjCc2VohDfVA2HT0lzS3RBpZqGZNPlXa0m3eVnXfy9CMmlPKZGrGiYjEXXOrMqnvLyig&__xts__[1]=68.ARDOH3pVjKNGJWRWUmX3pjUmD9Z65we_wTUG-Jn7Alp4pumGNNUnUlcqh2XMHGZKS6kk7CaFkr8RJN7Iyv_xYS8EXDlJ-P3JuGdNgfPsXS-p7n_yHlXYDrrRsPmB9fzA7IUVIu0LSBrrF2eQBGmYU1ZU0bU314EKqS73peNMAXAIzeon6UfP3H67VG1QmP_3W5r7dOWgiciQfZcsPcOenJTBQOuMSuTnzFRGGkFsX2N1Qc63fgh6J7HtdG44mjiJ0tldSt8gGezHyiDB2BUZY3cH91z3nsiKDjmGLQfTODvl3D366n0ir3JoOm4gZ-UdQAwofqaseZuPGhkCKPsJg4dm0Q&__tn__=kC-R&eid=ARAno3XAd4fVfA8ydYdvW0nFbTkkSObvWZ8z3UOyNZIeHs3IlBZ52YgBQB9K4-A_vE8HqJsQsQgBpFUx&hc_ref=ARSlzmyqox-HUNedZDvNl_qgPTFzl94Z6SBsYpRAV1iWxasWV83_Hg9srNeOtJFwC9A&fref=nf]Islamic Spectrum Bank


Islamic Spectrum Bank 87114208_2662100437179275_8384794635976835072_o.jpg?_nc_cat=100&_nc_oc=AQkXt59Bi_6zGCR3dAgdlTdn_7aQEaQJqPXHYlFLmn49-U_P37m9iOWCA7PhSPmg4EY&_nc_ht=scontent-yyz1-1




According to the decision of the General Assembly in its meeting on 5/12/2019, which includes increasing the bank’s capital from (100,000,000,000) one hundred billion shares to (150,000,000,000) one hundred and fifty billion shares, according to Article (55 / First) of the Companies Law No. (21) of 1997 The rate, by offering new shares for subscription amounting to (50,000,000,000) fifty billion shares, the value of one share is one Iraqi dinar, in one of the banks .. So the board of directors invites the shareholders and the generous public to subscribe to this increase, as follows:

First Article:

Company Name: Spectrum Bank Company Islamic Investment and Finance (private shareholding).
Article Two:

1. The company's center: the main branch in Baghdad.

2. He has the right to open branches inside and outside Iraq and according to an annual plan of the company after obtaining the approval of the Central Bank of Iraq. He also has the right to move the main branch or any of its branches or close or merge any branch after obtaining the approval of the Central Bank of Iraq.

Article Three: The
purpose of the company and the nature of its work and activities:

The bank aims to provide financial and banking services that are in line with the provisions of Islamic Sharia to contribute to the development of the national economy as much as its available capacity and for this purpose it is practiced for his account or for the account of others inside and outside Iraq all aspects of known and updated banking activity and all banking and investment activities The various Islamic entities in a manner that does not contradict the provisions of Islamic Sharia, Islamic Sharia and international accounting standards and the laws of the Central Bank and the Islamic banks in force and the instructions issued pursuant to them. The following activities:

1- Receive cash deposits (in the form of demand deposits, time deposits, restricted or unrestricted deposits, or other types of deposits) or any other money that is payable without interest in accordance with the provisions of Islamic Sharia, Islamic international standards, Sharia, and the Islamic Banking Law in force and the instructions issued pursuant to it .

2- To commit to operating, investing and investing the amounts of the deposits deposited with him under an agency contract in exchange for a specific fee only or taking a specific fee plus a share of the profit generated from the investment process in the event that it exceeds a certain limit mentioned in the contract in advance and that the depositors ’money be disbursed as agreed upon upon deposit In accordance with the provisions of Islamic Sharia and Islamic Sharia and international accounting standards.

3- The establishment of investment portfolios and investment funds and the issuance of joint opposition instruments or dedicated opposition instruments in accordance with what is determined by the Central Bank of Iraq.

4- Establishing mutual insurance funds for the bank or its clients in various fields.

5- Accepting commercial and financial papers for safekeeping, collecting the rights arising therefrom from their owners, and paying the collection of Sukuk, exchange orders and authorizations, unless they include interest or contravene provisions.


6- Providing clearing, settlement, and transfer services for transportation, securities, payment orders, payment tools (including sukuk and credit cards), debits, other payments, tourist networks, bank transfers, wire transfers, prepaid debit and credit amounts, as well as providing services as a portfolio manager or as a financial advisor or financial advisory agent Taking into account the Central Bank of Iraq law, the Islamic Banking Law, the effective electronic payment system, and the instructions issued pursuant thereto, and in a manner that does not violate the provisions of Islamic Sharia, Sharia and international accounting standards.

7- Preserving and managing valuables, including securities, and providing safekeeping services, in a manner that does not violate the provisions of Islamic Sharia, international legal standards, the law of Islamic banks in force and the instructions issued pursuant thereto.

8- He undertakes research and studies related to the establishment of projects, economic feasibility studies and the employment of others for this activity. He also undertakes special studies for the account of his clients and provides information and advice to them.

9- That the bank participate in the Union of Islamic Banks and exchange experience with the Islamic Development Bank and Islamic banks in all parts of the world.

10 - Owns movable and immovable property, sell, invest, rent and lease, including reclaiming owned and leased lands and prepares them for agriculture, industry, tourism and housing, after obtaining approval from the Central Bank and transferring ownership of real estate once the purpose for which it was established is completed.

11- Establishing or contributing to companies in various fields complementing their aspects of their activity, and contributing to existing companies with unauthorized activity with the approval of the Central Bank of Iraq, in a manner that does not exceed the percentage determined by the bank from the bank’s capital and reserves.

12- Contribution to the capital of Islamic banks approved inside and outside Iraq after obtaining the approval of the Central Bank of Iraq.

13- It is not permissible to deal in bank interest, whether give or take.

14- It is not permissible to invest or finance any commodity or project that does not allow Islamic law.

15- It is not permissible to fund real estate brokerage operations.

16- It is not permissible to exceed the value of fixed property intended for the use of (30%) of his net core private funds, and his investment in fixed property, including the above-mentioned percentage, does not exceed (50%) of the value of his investment portfolio.

17- The bank must appoint a Sharia Board by the bank’s General Authority of no less than (5) members, among whom (3) are experienced in Islamic jurisprudence and its origins and (2) at least are experienced and specialized in banking, legal and financial business. It is not permissible to dissolve the Sharia Board Or exempt any member thereof except by a reasoned decision of the bank’s board of directors by a two-thirds majority of the members and the approval of the bank’s general assembly.


Fourth Article:

The company’s capital:

the paid-up capital (100,000,000,000) one hundred billion dinars, divided into one hundred billion shares, the value of one share is one dinar.

Fifth Article:

The company’s board of directors:

1- The members of the bank’s board of directors: They are elected by the general assembly of the company, and they number (5) five original members, and they are equivalent, and that they are chosen in the manner and proportions determined for the original members.

2- Taking into account the availability of legal conditions in the membership of the Board of Directors mentioned in the Banking Law No. (94) for the year 2004 and the instructions issued pursuant thereto and the Companies Law No. (21) for the year 1997 amending and the principles, controls and instructions of Islamic banks.

1. Subscription commencement date: 1/19/2020

2. Number of shares offered for subscription: Fifty billion shares, the value of each share is one Iraqi dinar.

3. Place of Subscription: The Iraqi Middle East Bank for Investment, Baghdad - Arasat Al-Hindi, Babil neighborhood - M / 929- G / 25 - Building / 14.

4. The subscription will be for all shareholders, subject to Article (56 / III) of Companies Law No. (21) For the amended 1997, by giving the right of preference to subscribe to shareholders within the first fifteen days from the date of the subscription.

5. Subscription period: Not less than (30) days and not more than (60) days.

6. The public and the non-subscribed shareholder subscribe for the first fifteen days in the first fifteen days to the second (30 days) and the subscription is closed at the end of the period mentioned above in case the subscription takes place in full of the offered shares, and the subscribed shareholder may not subscribe again.

7. The required documents are attached to the subscription form:
a. Share certificate (for shareholders only).

B. Instrument of the amount to the order of the subscribed bank.

C. A copy of the nationality certificate, civil status ID or national card, residence card, passport and personal photos (for the first time subscriber).
Note:

Subscription is canceled if the instrument returns for any reason.
Chairman of the Board of Directors
Farhan Saddam Rahma Al-Mousawi


=68.ARDOH3pVjKNGJWRWUmX3pjUmD9Z65we_wTUG-Jn7Alp4pumGNNUnUlcqh2XMHGZKS6kk7CaFkr8RJN7Iyv_xYS8EXDlJ-P3JuGdNgfPsXS-p7n_yHlXYDrrRsPmB9fzA7IUVIu0LSBrrF2eQBGmYU1ZU0bU314EKqS73peNMAXAIzeon6UfP3H67VG1QmP_3W5r7dOWgiciQfZcsPcOenJTBQOuMSuTnzFRGGkFsX2N1Qc63fgh6J7HtdG44mjiJ0tldSt8gGezHyiDB2BUZY3cH91z3nsiKDjmGLQfTODvl3D366n0ir3JoOm4gZ-UdQAwofqaseZuPGhkCKPsJg4dm0Q&__tn__=%2ANK-R][rtl]# Your safety for tomorrow[/rtl]
=68.ARDOH3pVjKNGJWRWUmX3pjUmD9Z65we_wTUG-Jn7Alp4pumGNNUnUlcqh2XMHGZKS6kk7CaFkr8RJN7Iyv_xYS8EXDlJ-P3JuGdNgfPsXS-p7n_yHlXYDrrRsPmB9fzA7IUVIu0LSBrrF2eQBGmYU1ZU0bU314EKqS73peNMAXAIzeon6UfP3H67VG1QmP_3W5r7dOWgiciQfZcsPcOenJTBQOuMSuTnzFRGGkFsX2N1Qc63fgh6J7HtdG44mjiJ0tldSt8gGezHyiDB2BUZY3cH91z3nsiKDjmGLQfTODvl3D366n0ir3JoOm4gZ-UdQAwofqaseZuPGhkCKPsJg4dm0Q&__tn__=%2ANK-R][rtl]# Subscription[/rtl]
=68.ARDOH3pVjKNGJWRWUmX3pjUmD9Z65we_wTUG-Jn7Alp4pumGNNUnUlcqh2XMHGZKS6kk7CaFkr8RJN7Iyv_xYS8EXDlJ-P3JuGdNgfPsXS-p7n_yHlXYDrrRsPmB9fzA7IUVIu0LSBrrF2eQBGmYU1ZU0bU314EKqS73peNMAXAIzeon6UfP3H67VG1QmP_3W5r7dOWgiciQfZcsPcOenJTBQOuMSuTnzFRGGkFsX2N1Qc63fgh6J7HtdG44mjiJ0tldSt8gGezHyiDB2BUZY3cH91z3nsiKDjmGLQfTODvl3D366n0ir3JoOm4gZ-UdQAwofqaseZuPGhkCKPsJg4dm0Q&__tn__=%2ANK-R][ltr]# TIB[/ltr]
=68.ARDOH3pVjKNGJWRWUmX3pjUmD9Z65we_wTUG-Jn7Alp4pumGNNUnUlcqh2XMHGZKS6kk7CaFkr8RJN7Iyv_xYS8EXDlJ-P3JuGdNgfPsXS-p7n_yHlXYDrrRsPmB9fzA7IUVIu0LSBrrF2eQBGmYU1ZU0bU314EKqS73peNMAXAIzeon6UfP3H67VG1QmP_3W5r7dOWgiciQfZcsPcOenJTBQOuMSuTnzFRGGkFsX2N1Qc63fgh6J7HtdG44mjiJ0tldSt8gGezHyiDB2BUZY3cH91z3nsiKDjmGLQfTODvl3D366n0ir3JoOm4gZ-UdQAwofqaseZuPGhkCKPsJg4dm0Q&__tn__=%2ANK-R][rtl]# Al- Taif Islamic Bank[/rtl]
=68.ARDOH3pVjKNGJWRWUmX3pjUmD9Z65we_wTUG-Jn7Alp4pumGNNUnUlcqh2XMHGZKS6kk7CaFkr8RJN7Iyv_xYS8EXDlJ-P3JuGdNgfPsXS-p7n_yHlXYDrrRsPmB9fzA7IUVIu0LSBrrF2eQBGmYU1ZU0bU314EKqS73peNMAXAIzeon6UfP3H67VG1QmP_3W5r7dOWgiciQfZcsPcOenJTBQOuMSuTnzFRGGkFsX2N1Qc63fgh6J7HtdG44mjiJ0tldSt8gGezHyiDB2BUZY3cH91z3nsiKDjmGLQfTODvl3D366n0ir3JoOm4gZ-UdQAwofqaseZuPGhkCKPsJg4dm0Q&__tn__=%2ANK-R][rtl]# Outreach section_Protection_Protection[/rtl]




Based on the decision of the public authority at its meeting of 5/12/2019, which provides for the capital increase of the bank from (100,000,000,000,000,000,000 shares to (150,000,000,000,000) one hundred billion shares, according to Article 55 / I) of the amended law of companies no 21 of 1997, by putting new actions for the acquisition (50,000,000,000 billion arrows, value of an arrow of an Iraqi kd, in a bank. The council directors therefore invites shareholders and the general public to conclude this increase and as follows:


Article 1: Company
name: Islamic investment and financing bank (Special contribution)
Article:


1. Centers business: the main section in Baghdad.


2. He has the right to open branches at home and abroad and as part of an annual business plan after obtaining approval from the Iraqi central bank, he also has the right to transfer the main branch or any branch to close or integrate any branch after having received Iraqi Central


Article III:


Object, nature and activities of the company:


The bank aims to provide financial and banking services in accordance with the provisions of the Islamic Sharia in order to contribute to the development of the national economy to the extent of its potential. She practices on her own account or for others in Iraq and outside all aspects of known and modern banking activities and all banking activities. The various Islamic investments are incompatible with the provisions of Islamic Sharia and international legal standards. , the and the laws of the central bank and the Islamic banks in force and the instructions which were published to them, and to carry out the following activities:


Receipt of cash deposits (in the form of demand deposits, time deposits, term or unlimited or in other types of deposits) or any other funds due without interest in accordance with the provisions of Islamic legality and L 'standards International Islamic, legitimacy, the law on Islamic banks in force and the instructions published.


Commit to work, recruit and invest deposits deposited under an agency contract only for a fixed remuneration or to take a share of the profits made in the investment process in the event of an increase compared to a limit given in the contract in advance and Depositaries' money is deposited as agreed upon deposit in accordance with the provisions of Islamic Sharia and international legal and accounting standards.


Creation of an investment governor and investment funds and issuance of joint instruments or special borrowing instruments, in accordance with the Iraqi central bank.


Creation of mutual insurance funds for the bank or its customers in various fields.


Accept the commercial and financial values ​​to preserve them and obtain the rights ensuing therefrom and pay for the recovery of exchange instruments, orders and authorizations unless they do not include advantages or are contrary to provisions.


Provision of clearing, clearing and conversion services for transport, securities, payment orders and payment instruments (including credit cards and instruments), deductions and other payments, tourist networks, bank transfers and money transfers The city and creditors authorized in advance as well as the provision of services as a document manager, as a financial adviser or as a financial agent, taking into account the law on the central bank Iraqi Islamic Banking Law, the Electronic Payment System in Force and the Instructions Posted It is not contrary to the provisions of Islamic Sharia and international legal and accounting standards.


Preservation and management of valuables, including valuables, provision of secretarial conservation services, and in violation of the provisions of Islamic Sharia, international standards and applicable Islamic banking law and published instructions.


Conduct research and studies on project creation, economic feasibility studies and recruit others for this activity, as well as special studies on behalf of its clients and provide them with information and advice.


The bank participates in the union of Islamic banks and exchange experiences with the Islamic development bank and Islamic banks all over the world.


Movable and immovable property is the owner, sold, invested, rental and rental of land owned and leased, including the reclamation of land belonging to industry, industry, tourism and housing with the approval of the central bank The transfer of property ownership once the purpose for which it was created.


Creation or contribution of companies in various complementary fields of their activities and contribution to existing companies not prohibited with the approval of the Iraqi central bank and at the rate of the Iraqi central bank and the reserve fixed by the bank Its
Contribution to the capital of banks authorized at home and abroad after obtaining the
Bank interest should not be treated and given.


The investment or financing of any product or project is not authorized by the Islamic Sharia.
The financing of brokerage operations is not necessary for real estate projects.


The value of fixed assets intended to use (30%) of its net basic goods and does not exceed the rate of investment in permanent goods, including the one above (50%). The value of his portfolio.


The bank must appoint a legitimate body through the public authority of the bank at least (5) members, including 17) with experience in Islamic doctrine and its origins and (2) At least those with experience and skills in banking, legal and financial operations, and cannot be dissolved or dissolve any member except by reasoned decision by the bank's board of directors by a majority of two thirds of the members and the approval of the general authority of the bank.

Article IV:


Capital of the company:


Capital paid (100,000,000,000) one hundred billion dinars divided into one hundred billion arrows, value of a single arrow kd.


Article v: Company


Board of Directors:


Members of the bank's board of directors: they are elected by the general authority of the company (5) five original members and their reserve representatives, and are chosen according to the manner and the ratios fixed for the original members.


Take into account the legal conditions in the composition of the board of directors provided for by law no. 2 of 2004 on banks and the published instructions and law no. 21 on companies (1997 amended and the bases and controls controls And the instructions of Islamic banks


1. Subscription start date: 19/1/2020


2. Number of actions proposed: 2. Billion shares, value of an arrow of one Iraqi kd.


3. Place of subscription: Iraqi investment bank of Baghdad - Indian arsat Babylone district - m / 929-G / 25-building / 14.


4. The subscription of all shareholders taking into account article 56 / III ) of the amended Company Law No. 21, giving shareholders the right to subscribe during the first 1997 days starting on the date. Subscription.


5. Duration of the subscription: at least (30) days and does not exceed (60) days.


6. The public and the contributor not subscribed within 6. First days of the second day until (30 days) and the subscription will be closed at the end of the above period in case of subscription in case of subscription in full of the actions submitted and no need to
7. The documents requested below are attached to the subscription form:


What is it? Share certificate (for shareholders only).
BB A check for the order of the bank
JC A photo of the nationality certificate, the identity of the civil status or the national card, the accommodation card, the passport and profile photos (for the first time).


Note & #
The subscription is canceled if the instrument returns for some reason.
Chairman of the Board of Directors
Content Sadam Rahma Moussaoui

=68.ARAGXOjlEzmZIDtQYIt2faIRTc0KRnRJZHlc2Ll-3S6SRwwkGugRuk2mZH0PdOwC4u3x7Srpg9Lqp-VAwGVYn5Kr0DMQLh9x62d9a8vFd79K99Z4AES3rMSbCld4v3p5qajpZaKFaVrCYLYslThydsF24FeQZSLs3WPc20r_ivCZzUd1AiNcRiqcPkFP6kv6imATXOOibuwqChPY&__tn__=%2ANK-R-R][rtl]# أمانك_للغد[/rtl]
=68.ARAGXOjlEzmZIDtQYIt2faIRTc0KRnRJZHlc2Ll-3S6SRwwkGugRuk2mZH0PdOwC4u3x7Srpg9Lqp-VAwGVYn5Kr0DMQLh9x62d9a8vFd79K99Z4AES3rMSbCld4v3p5qajpZaKFaVrCYLYslThydsF24FeQZSLs3WPc20r_ivCZzUd1AiNcRiqcPkFP6kv6imATXOOibuwqChPY&__tn__=%2ANK-R-R][rtl]# اكتتاب[/rtl]
=68.ARAGXOjlEzmZIDtQYIt2faIRTc0KRnRJZHlc2Ll-3S6SRwwkGugRuk2mZH0PdOwC4u3x7Srpg9Lqp-VAwGVYn5Kr0DMQLh9x62d9a8vFd79K99Z4AES3rMSbCld4v3p5qajpZaKFaVrCYLYslThydsF24FeQZSLs3WPc20r_ivCZzUd1AiNcRiqcPkFP6kv6imATXOOibuwqChPY&__tn__=%2ANK-R-R][ltr]# TIB[/ltr]
=68.ARAGXOjlEzmZIDtQYIt2faIRTc0KRnRJZHlc2Ll-3S6SRwwkGugRuk2mZH0PdOwC4u3x7Srpg9Lqp-VAwGVYn5Kr0DMQLh9x62d9a8vFd79K99Z4AES3rMSbCld4v3p5qajpZaKFaVrCYLYslThydsF24FeQZSLs3WPc20r_ivCZzUd1AiNcRiqcPkFP6kv6imATXOOibuwqChPY&__tn__=%2ANK-R-R][rtl]# مصرف_الطيف_الاسلامي[/rtl]
=68.ARAGXOjlEzmZIDtQYIt2faIRTc0KRnRJZHlc2Ll-3S6SRwwkGugRuk2mZH0PdOwC4u3x7Srpg9Lqp-VAwGVYn5Kr0DMQLh9x62d9a8vFd79K99Z4AES3rMSbCld4v3p5qajpZaKFaVrCYLYslThydsF24FeQZSLs3WPc20r_ivCZzUd1AiNcRiqcPkFP6kv6imATXOOibuwqChPY&__tn__=%2ANK-R-R][rtl]# قسم_التوعية_وحماية_الجمهور[/rtl]



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claud39
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