About the Iranian Financial Markets

The banking sector of Iran is fully Shariah compliant, making an attempt to be a leading Islamic banking sector in the world. The banking community has 45 banking institutions including nine investment banks, three government-owned commercial banks, five specialized government banks, 20 private banks, two Gharzolhasaneh banks and one binational bank.

Iran’s first Sukuk bill was issued in 1994, based on Musharakah and in 2016 the Iranian government debuted its Sukuk Ijarah. The outstanding amount of debt instruments in the capital market is valued at US$7.89 billion.

In May, the Securities and Exchange Organization established foreign exchange-denominated mutual funds, foreign currency-denominated debt securities and foreign exchange-denominated hedging instruments to prevent the future effects of volatility of the Iranian rial against the US dollar.

An Exclusive Opportunity

In cooperation with the Iranian Association of Islamic Finance, we are delighted to announce the inauguration of international Islamic finance industry-focused forum at Kish Island, Iran. It is Fully supported by the Iranian financial market regulators and participants.

This half-day event will be held in English and will attract more than 250 Iranian leading financial practitioners and regulators. This event is a part of the annual Kish Invex, an international exhibition in which all major financial entities including banks and capital market institutions attend.