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Banning bank transfers crushes fraudsters and does justice to the needy.. An expert details the positives

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Banning bank transfers crushes fraudsters and does justice to the needy.. An expert details the positives

economy |Yesterday, 14:59 |
Baghdad today - Kurdistan

Economic expert Khaled Haider confirmed today, Tuesday, that the

decision of the Iftaa Authority in Kurdistan regarding the movement of bank transfers abroad through bank cards will reduce the momentum on the dollar.

Haider told "Baghdad Today" that "this decision will mitigate the ongoing deception of the dollar by buying large quantities of it at the official price and selling it at the parallel price."  He added,

"The legal sanctity of this process will have very important repercussions in the next stage, as the great demand for dollars will decrease, and this will be reflected in the demand for dollars from the needy only."

Yesterday, Monday, the Supreme Council for Fatwa in the Kurdistan Region issued a clarification about bank cards and cash transfers with the aim of profiting.  

The council said, in a statement received by "Baghdad Today," that

"making bank cards in the name of citizens, transferring money on them, withdrawing them outside the country, and bringing them back into the local markets is a prohibited and illegal process."

The council attributed the reason for its fatwa, according to the statement, to "the prohibition of deceiving banking procedures, the law, and government instructions," stressing that

"Muslims must abide by the instructions and conditions set for the transfer of the Iraqi dinar with the US dollar."


https://baghdadtoday.news/225922-تحريم-التحويلات-البنكية-يسحق-المحتالين-وينصف-المحتاجين.-خبير-يفصّل-الإيجابيات.html


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