Firouzeh Launches Shopping Credit Secured by Listed Shares and Funds
Sahmino Newsroom | 27 October 2026 | 15 days ago
Firouzeh Financial Group unveiled a shopping-credit service backed by electronically pledged listed shares and exchange-traded fund units on Tuesday, October 27, 2026. Mehr reported from the group's press office that pledges use the Central Securities Depository's infrastructure and the resulting credit can be spent at Firouzeh's participating merchants.
Source: Mehr News
The stated aim is to enable purchases without immediately selling listed assets. The launch is not a report on uptake or borrower numbers, and available credit depends on the value of assets pledged.
Sahmino context
What the prices have done since this story was published, and what Sahmino wrote around it
Over the same days, Tehran Stock Exchange Index rose 5.4 percent, to 8,357,840.
Over the same days, US Dollar fell 3.6 percent, to 2,599,000 rial.
- Tehran Stock Exchange Index
- +5.4%
- US Dollar
- −3.6%
Prices to the close of 10 November
From Sahmino that week
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