IDB to support development of Islamic banking in Kazakhstan - M. Jamal Al-Saati
16:50, 8 June 2011
ASTANA. June 8. KAZINFORM /Muratbek Makulbekov/ 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 agriculture' and the Islamic Development Bank.
'The law amendments that were introduced by the Government of Kazakhstan in the regard of Islamic banking allow to 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.