The Halal Times
Global Halal, Islamic Finance News At Your Fingertips
Baku, Fineko/abc.az. On May 19, a business breakfast of Sberbank and KPMG on “Counterpart Financing: #NewReality” was held in Kazan within the framework of “Russia-Islamic World: KazanSummit 2017”. The moderators of the breakfast were Vugar Aliyev, Head of Financial Services at KPMG in Russia and the CIS, Managing Partner of KPMG in Azerbaijan, and Behnam …
Nov 16 Kazakhstan’s parliament has approved legislative amendments to facilitate Islamic finance, paving the way for Central Asia’s largest economy to issue its first sovereign sukuk next year, a government official said. The amendments, which still require the president’s signature, would also allow for the conversion of conventional banks into Islamic ones, said Yerlan Baidaulet, …
RAM Ratings has reaffirmed the AA2/Stable rating of the Development Bank of Kazakhstan Joint-Stock Company’s (DBK or the Bank) MYR 1.5 billion Sukuk Murabahah Programme (2012/2032). The rating reflects the credit strength of the Government of Kazakhstan (GOK, rated AA2(pi)/Stable/P1(pi)), given RAM Rating’s opinion of a very high likelihood of support in times of need. DBK, ultimately …
The 12th Sammit of the Islamic Financial Services Board (IFSB) will take place in Almaty from May 19 to 21, Tengrinews reports citing BNews.kz. It is the first time the IFSB Summit will be hosted by a post soviet country. The Summit facilitates dialogue between key players in the Islamic financial sphere. The current IFSB Summit …
The Islamic Financial Services Board (IFSB) is pleased to announce that the 12th Annual Summit will be held on 19 – 21 May 2015 in Almaty, Kazakhstan. The National Bank of Kazakhstan is hosting the twelfth edition of this annual landmark event for the IFSB, the first to be held in the Central Asia region. …
