Mondo Visione Worldwide Financial Markets Intelligence

FTSE Mondo Visione Exchanges Index:

Tehran Stock Exchange: Justice Shares Vest To The Public

Date 29/04/2020

Iran's supreme leader approved the request of the Iranian President about restricted equities in the Justice Shares (JS) to be vested.

On 28 April 2020, the decree was issued to grant the Iranian government with the power to prepare the conditions for more than 49 million owners of JS to trade their assets in the national capital market.

The Justice Shares were issued in 2006 on the basis of article 44 of the Iranian Constitution to help economic privatization and to support low-income deciles of the country.