On Monday, July 3, 2023, the legal clinic at An-Najah University held a legal day titled "Securities and negotiable instrument, and the difference between them " at the Chamber of Commerce and Industry in Rafah Governorate.
Eng. Raed Ahmed Abu Daghim opened the session, welcoming the attendees and expressing appreciation for their interest in the event. The purpose and objectives of the activity were explained, highlighting that this initiative is the result of a partnership between the Chamber of Commerce and Industry in Rafah Governorate and the legal clinic at An-Najah National University.
The legal clinic was introduced, emphasizing its role in promoting a culture of human rights protection in society, enhancing legal awareness within the community, and empowering individuals from various segments of society to access justice.
Mr. Abdullah Al-Sutari, the Vice Chairman of the Chamber of Commerce's Board of Directors, addressed the audience by welcoming them and emphasizing that this meeting is part of the Chamber's plan to educate merchants according to their knowledge of needs. He discussed the current challenges facing the Palestinian economy, particularly promissory notes and bounced cheques.
The Chamber takes on the responsibility of raising awareness to protect the interests of merchants and defend them, particularly in light of the substantial amounts announced by the PMA. These amounts have had a significant impact on economic life and its development. Lawyer Rami Al-Jaidi provided a detailed explanation of securities, simplifying them to facilitate understanding for the attendees.
He discussed the definition, characteristics, issuance process, and trading of securities. In addition, he extensively explained negotiable instruments, starting from defining them and outlining their conditions. Negotiable instruments are used in commercial transactions as a substitute for cash to facilitate dealings between merchants. Negotiable instruments are known for their ease of creation and transfer. Furthermore, the lawyer delved into the differences between securities and negotiable instruments during the session. The floor opened for discussion and substantive contributions from the attendees, and the audience actively engaged in discussions and asked questions. It is worth mentioning that this meeting is part of the activities of the project to enhance the sustainability of the legal clinic at An-Najah National University, funded by the Sawasya II program. The project is implemented through the UNDP, UN Women, and UNICEF.