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Source:
وكالة بغداد اليوم الاخبارية
Source: وكالة بغداد اليوم الاخبارية
4 Hrsوكالة بغداد اليوم الاخبارية
Source: وكالة بغداد اليوم الاخبارية
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Al-Tayef Islamic Bank announces that no profits will be paid to depositors for the year 2026 due to the severe liquidity crisis it is currently facing. The Shariah Advisory Board has recommended paying profits for 2024 and half of the quarterly profits for 2025, along with new conditions regarding whether to continue or terminate the deposits before the end of the year. Meanwhile, the bank is experiencing protests from depositors who are unable to withdraw their funds.
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