Sharia Council Approves Calculation of Obligation

The sharia Council approved the manner and basis of calculating the amount of the obligation to delay payment of debt

Calculation of Obligation

 The Sharia Council of the Central Bank reviewed the way of calculating obligation at its 11th session.

Resolution of Granting Welfare Facilities to Bank Employees

The Sharia Council decided the facilities granted to bank’s employees shall be based on Murabaha contract.

Issuance of Deposit Bonds

The CBI intends to issue deposit bonds in order to control the growth of liquidity and prevent its inflationary effects.

Look at Redemption Agreement through Sharia Lens

The Sharia Council approved the use of the Sharia-compliant redemption agreement instrument in the interbank market.

Operational Model of Gam Securities

 There is no problem to issue bonds based on a blocked debt document in the form of a sharia or customary guarantee contract.

Using Capacity of Civil Partnership Agreements, Murabaha and Gharz al-Hasna for Credit in Current Account

The Sharia Council approved the use of the capacity of civil partnership agreements, Murabaha and Gharz al-Hasna for credit in the current account.

Feasibility of Calculating and Identifying Income of Facilities Granted in Form of Partnership Agreement

The Sharia Council reviewed the feasibility of calculating income of the facilities granted in the form of partnership agreements.

Way of Financing Leasing Companies by Banks and Credit Institutions

The Sharia Council examined the ways of financing leasing companies by banks and credit institutions.

Violation of Interest Rates Set for Facilities by some Banks and Credit Institutions

 The issue of violation of interest rates set for facilities by some banks and credit institutions was reviewed at the 29th session of the Sharia Council. 

Examining Alternative Murabaha contract in Granting Facilities for Purchasing Goods

At the 26^th session of the Sharia Council the issue of alternative Murabaha contract in granting facilities for purchasing goods was reviewed.

Way of Granting Facilities to Buyers of Commodities in Iran Mercantile Exchange

At the 30^th session of the Sharia Council granting facilities to buyers of commodities in the Mercantile Exchange based on various contracts was examined.

Resolutions of 32nd and 33rd Sessions of CBI’s Sharia Council

The use of E-Wallet in Iran in terms of sharia was examined in the Sharia Council of the Central Bank of Iran.

Facility Contracts of the Country's Banking Network

The Sharia Council of the CBI dealt with the facility contracts of the country's banking network based on the judicial authorities’ report.

E-Wallet’s Criteria

The Sharia Council of the Central Bank of Iran reviewed the E-wallet’s criteria through various sharia aspects.

Sharia Review of Guaranteeing on Account-Profit of Investment Deposits in Interest-Free Banking

The sharia review of guaranteeing on account-profit of investment deposits in interest-free banking was examined in the CBI’s Sharia Council.

Resolutions of Central Bank’s Sharia Council

 A new method for the Murabaha contract in the banking network was examined in accordance with a different installment approach of the principal and interest of the facilities.