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Justice Shares

In line with Article 44 of the Constitutional Law of the Islamic Republic of Iran which is riveted upon the privatization of the national economy, the shares of several state-owned companies, around 49 companies, have been given to some classes of society. These shares have been dubbed Justice Shares and are already held by 59 million people in Iran.

 

In line with Article 44 of the Constitutional Law of the Islamic Republic of Iran which is riveted upon the privatization of the national economy, the shares of several state-owned companies, around 49 companies, have been given to some classes of society. These shares have been dubbed Justice Shares and are already held by 59 million people in Iran.

Over the last couple of days, CSDI has issued 35 million trading accounts for the holders of justice shares, which is an unprecedented event in the history of Iran’s capital market.

The portfolio of justice shares include both listed and non-listed companies. Non-listed companies urged to list in either Tehran Stock Exchange (TSE) or Iran Fara Bourse (IFB) at earliest.

Needless to mention that in the last month, the investment in the capital market of Iran has dramatically welcomed by people and a big liquidity has entered the market which, unanimously agree, promise a bigger share for the capital market in the national economy.