News about finance

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

16 June 2011

Islamic securities of interest to private companies: Kazakhstan’s Finance Minister Bolat Zhamishev The Minister informed that respective amendments [enabling to issue Islamic securities in Kazakhstan] will be adopted within a month.

09 June 2011

Malaysia to teach Islamic banking to Kazakhstan Malaysia is ready to provide trainings. We are inviting to send a [Kazakhstan’s] delegation to study our practices: Malaysia’s Prime Minister Datuk Seri Najib Tun Razak.

06 June 2011