TEHRAN – President Mahmud Ahmadinejad here on Tuesday circulated a cabinet’s enactment for issuing Justice Stocks through offering a portion of the shares of Saderat, Tejarat, and Mellat banks in the stock market.

According to the President’s official website, 40 percent of the shares of Saderat Bank, 40 percent of the shares of Tejarat Bank, and 15 percent of the shares of Mellat Bank will be offered via the stock market to boost justice stocks portfolio.
By virtue of the Article 138 of the Islamic Republic of Iran constitution and Article 9 of the Fourth Socio-Economic Development Plan sanctioned in 2004, cabinet of ministers ratified Justice Stocks distribution by-laws for increasing the wealth of Iranians through increasing the role of cooperatives sector