Hawzah News Agency- Simultaneously with Eid al-Ghadir, and in the presence of the president, deputy, and general managers of the center and representatives of the Central Bank, the Internet Bank of Islamic Seminary’s Service Center which provides interest-free banking was unveiled on Tuesday, June 25.

Hujjat al-Islam Mir Mohammadi, head of Islamic Seminaries Service Senter, said in this ceremony,” Electronic developments are the first step of providing new services, and our next steps are automation, and use of artificial intelligence.”

He added that in all activities of the fund, with the help of Shariah and banking experts, regulations are implemented.

The head of the seminary service center further noted,” Now the loans of the center are being paid without the need of a guarantor and check, and to the extent that this service provision was facilitated, the target community will also pay in return. Installments and arrears apply more speed and accuracy.