0 Persons

Iran capital market attracts $8bn

Nov 5, 2017, 2:55 PM
News ID: 21510

EghtesadOnline: Noting that issuance of securities is one of the main ways to attract foreign investment, the director-general of Iran Fara Bourse said on Tuesday that foreign investors have invested some $8 billion in Iran capital market so far.

Addressing the 4th Kish International Exhibition of Exchange, Banking, Insurance and Privatization, Amir Homayouni said that the above-mentioned figure is comprised of Sukuk (Islamic bonds) (9%), Sukuk al-ijarah (26%), Murabaha (8%) and Islamic debt securities (more than 56%), according to IRNA.

Iran Fara Bourse holds 82% of the country's debt market, he said, adding that the ground is prepared for further contribution of Iranian companies in Fara Bourse. 

Homayouni said that expansion of debt market, giving a boost to the market of small- and medium-sized companies as well as establishment of bold investment funds are top on the agenda of Iran Fara Bourse. 

Iran Fara Bourse (IFB) is an over-the-counter market for securities and other financial instruments which operates under official supervision of SEO (Securities and Exchange Organization).