Banking and insuranceEconomical

Receiving Qarz al-Hasna facilities for childbearing and housing with promissory notes

According to the monetary financial news quoted by Radio and TV, Sahabi, the head of the specialized banks group of the Central Bank Credit Department, said: is not.

“The infrastructure of the system is the Internet and there may be problems in the first days,” he said. “On the day the instructions were announced, we launched the system and registrations have begun.”

Pointing out that the terms of this loan are the same as the marriage loan, Sahabi clarified: Applicants for Qarz al-Hasna facilities for childbearing and housing will be validated. Even if its validation conditions are not appropriate, a guarantor is eventually needed.

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