SEO Planning Fresh Initiative for Supporting Housing Sector

The Securities and Exchange Organization (SEO) says it will facilitate funding for the housing sector by launching new instruments. 
Speaking at a ceremony at the Iran Mercantile Exchange on Monday, the SEO chief, Majid Eshqi, said launching standard salaf contracts for housing projects is under close consideration, the SEO News Agency reported.  
Standard salaf is an Islamic contract similar to futures, with the difference being that the contract’s total price is paid in advance.