IRAN
In Iran, sharia-compliant banking currently accounts for a marginal share of the Iranian financial sector. Recent estimates expect that Islamic financial assets in Iran could reach more soon.
Iran has completed the legal framework for Islamic finance products such as the issuance of Islamic bonds (Sukuk) and in order to help financing Iran's SME it will promote Sukuk, Takaful (Islamic insurance) and halal microcredit.
Currently, Iran has a number of fully operational Islamic banks which serve retail and islamic corporate banking offering halal financing products such as Ijara, Ijara-wa-iqtina, Mudaraba, Murabaha and Musharaka.
IRAN ONLINE SHARIA BANK