Seminar on Provisions for Investment of Minors

On November 2nd, 2022, Mr. Muhammad Ashraf Sheikho, Lecturer at the Faculty of Law at Tishk International University, presented a seminar entitled Provisions for the Investment of Minors’ Money in Iraqi Law.

This seminar discussed the law on the care of minors to protect them from the social and financial aspects through the preservation and management of minors’ funds through the minor’s legal representative. Mr. Muhammad Ashraf Sheikho also explained the provisions of investing minors’ money under Iraqi Law, methods of investment, the evaluation of these methods and their compatibility and consistency with contemporary investment.

The search for benefits of investing in these ways and their disadvantages, and proposing what the legislator should do to amend these provisions so that they are in the interest of the minor were also covered through a question and answer session that took place at the beginning of the seminar, by analyzing the legal texts on these topics.

The presenter further reviewed jurisprudential opinions and statistics compiled in Iraqi banks on investing the money of minors within the banking system.