Launching a second Islamic Bank is not yet certain: Development Bank of Kazakhstan

ПОДЕЛИТЬСЯ

Launching a second Islamic Bank is not yet certain: Development Bank of Kazakhstan Vesti.kz stock photo

Development Bank of Kazakhstan (DBK) is not yet certain on launching a second Islamic bank in Kazakhstan, Profinance.kz reports. “Launching an Islamic bank [to be second in Kazakhstan] is at the business plan stage. Viability can be seen following the business plan completion”, the DBK told Interfax – Kazakhstan. In march 2011 the then Chairman of the Board at DBK Gali Isskaliyev had said that the DBK would have a final decision on a second Islamic bank in Kazakhstan not earlier than in May 2011. “A business plan is being drafted. It is expected to be completed in May. A final decision is to be taken right after”, he said at the time. Earlier the country’s media reported that in summer 2010 the DBK, Malaysia’s AmanahRaya and Kazakhstan’s Fattah Finance had announced their plan to launch an Islamic bank. Kazakhstan is already home to Al Hilal Islamic Bank, which is a 100% subsidiary of Al Hilal Bank, UAE, and the first Islamic bank in Kazakhstan and CIS countries. First Islamic banking license obtained on 17th of March, 2010.

ПОДЕЛИТЬСЯ
Development Bank of Kazakhstan (DBK) is not yet certain on launching a second Islamic bank in Kazakhstan, Profinance.kz reports. “Launching an Islamic bank [to be second in Kazakhstan] is at the business plan stage. Viability can be seen following the business plan completion”, the DBK told Interfax – Kazakhstan. In march 2011 the then Chairman of the Board at DBK Gali Isskaliyev had said that the DBK would have a final decision on a second Islamic bank in Kazakhstan not earlier than in May 2011. “A business plan is being drafted. It is expected to be completed in May. A final decision is to be taken right after”, he said at the time. Earlier the country’s media reported that in summer 2010 the DBK, Malaysia’s AmanahRaya and Kazakhstan’s Fattah Finance had announced their plan to launch an Islamic bank. Kazakhstan is already home to Al Hilal Islamic Bank, which is a 100% subsidiary of Al Hilal Bank, UAE, and the first Islamic bank in Kazakhstan and CIS countries. First Islamic banking license obtained on 17th of March, 2010.
Tengrinews
Читайте также
Join Telegram
Kazakhstan to be hit by snowfall
Flights delayed at Aktobe airport
US dollar drops sharply in Kazakhstan
Kazakhstan to raise living wage in 2026
Tenge continues to strengthen steadily
CSTO meeting has begun in Bishkek
Tenge strengthens against dollar
New service has appeared in eGov Mobile

Exchange Rates

 500.6  course up  583.17  course up  6.51  course up

 

Weather

location-current
Алматы

 

Редакция Advertising
Социальные сети