Mogadishu, (SONNA) – The Minister of Finance of the Federal Authorities of Somalia, H.E Bihi Iman Igeh along with the Chairman of the Central Financial institution of Somalia ahd a gathering with the Monetary Committee of the Parliament and Somali Spiritual Students.
The assembly centered on involving Somali spiritual students in reviewing amendments to the Monetary Establishments Regulation (Regulation No. 130), initially enacted on April 22, 2012. Contributors, together with the Finance Committee of the Home of the Individuals, the Ministry of Finance, the Central Financial institution of Somalia, and Somali students, agreed on the necessity to align the regulation with Islamic ideas and one of the best pursuits of the Somali individuals.
Somalia’s Minister of Finance, Bihi emphasised that whereas the regulation had existed earlier than, it had just lately undergone amendments. He highlighted that the revision course of had gone by a number of levels and harassed the significance of incorporating students’ suggestions to make sure compliance with Shariah regulation.
The assembly bolstered the federal government’s dedication to Islamic monetary ideas and inclusive decision-making in shaping Somalia’s monetary rules.
