Shares Can Be Collateralized for Loans

Shares can be used as collateral in banks and credit institutions to receive loans, said the head of Central Securities Depository of Iran. 
“The facility was previously offered only to shareholders of the so-called Justice Shares, but now it has been extended to all shareholders,” Hossein Fahimi was quoted as saying by Securities and Exchange News Agency. 
"All banks and credit institutions will be able to use the electronic platform provided by CSDI to use shares as collateral for lending to shareholders."