The Central Bank announced how to issue the license for the establishment of Qarz Al-Hosna Fund
According to Iran Economist From the central bank, according to the announcement of this bank, in line with the organization of Qarz Al-Hosna funds, the executive instruction for the establishment, operation, supervision and liquidation of single-branch Qarz Al-Hosna funds was approved in the meeting of the Money and Credit Council on October 19, 1401, and it replaced the executive instruction for supervising Qarz Al-Hosna funds approved by that council on August 20, 2008.
Applicants for obtaining licenses for the establishment and operation of single-branch Qarz Al-Hosna funds should refer to the country’s national license portal at the address www.Mojavez.ir Be aware of the process of issuing permits for the establishment and operation of the single-branch Qarz Al-Hosna Fund, including compliance with the specified items, and take the necessary steps to register an electronic request (insert requested information) and obtain a tracking code from the aforementioned system, as well as send the required documents to this bank according to the provided guide.
If the process of issuing establishment and activity licenses is completed, including the approval of the personal, financial and credit qualifications of the founders, the board of trustees, the board of directors and the CEO of the fund, the location, security and security approval of the fund’s activity location by the Faraja Prevention Police, the approval of the fund’s performance by the supervisory area of the Central Bank of the Islamic Republic of Iran (only for existing funds (adaptive), the approval of the model statutes of Qarz Al-Hosna funds notified by the Central Bank of the Islamic Republic of Iran and funding the fund from cash brought in by the fund’s founders/board of trustees According to the amount announced by the central bank, establishment and activity licenses will be issued.
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