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ISB to support development of Islamic banking in Kazakhstan - M. Jamal Al-Saati
17:03 08.06.2011
text: Kazinform views: [1177] Related articlesAl Hilal Bank Abu Dhabi is spreading Islamic Banking to international territories Second Islamic Finance Forum in Astana raises business awareness Kazakhstan, Azerbaijan and Russia to establish single Islamic bank in CIS Kazakhstan plans to reduce budget gap to 1.5% to GDP, Finance Minister The Islamic Development Bank will support development of Islamic banking in Kazakhstan. IDB Country Department Director Muhammad Jamal Al-Saati made it public after signing a loan agreement between JSC 'Fund for financial support of the agriculture' and the Islamic Development Bank.
'The law amendments that were introduced by the Government of Kazakhstan in the regard of Islamic banking allow improve this sphere in your country,' M. Al-Saati said. He also noted that the atmosphere of development of Islamic banking in Kazakhstan was becoming very favorable. |
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