Ahmadinejad calls for establishing independent banking system

By SPA

Tehran : Iranian President Mahmoud Ahmadinejad has called experts in the Muslim world to work for establishing an independent banking and financial system.


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The radio of Tehran, quoted Ahmadinejad as saying during his meeting with the head and members of the IDB’s administration committee and the executive directors of the Islamic solidarity fund here that the cooperation of the Muslim countries will accelerate the development process in the Muslim world.

The Iranian President said the existing activities under the current financial and banking system in the world sets obstacles before the Muslim countries.

He noted that the establishment of Jeddah-based Islamic development Bank (IDB) was a fruit of the activities of the Organization of the Islamic Conference (OIC).

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