SEO Proposes Designing Joint Islamic Financial Instruments

Iran’s capital market is ready to establish a committee with Islamic countries to design joint financial Islamic instruments, head of the Securities Exchange Organization told the 11th International Forum on Islamic Capital in Tehran on Sunday. 
Shapour Mohammadi spoke of a wide range of financial instruments available in Iran’s capital market which can be shared with other countries. 
"Close to $18 billion worth of financial securities was issued in Iran in 2018, which are mainly Islamic financial instruments,” IRNA quoted him as saying.