Tuesday, 02 January 2024 12:17 GMT

Kyrgyzstan, Kazakhstan, Uzbekistan Create Joint Islamic Finance Co-Op Platform


(MENAFN- Trend News Agency) ASTANA, Kazakhstan, May 22. Kyrgyzstan, Kazakhstan, and Uzbekistan have established a regional alliance to develop Islamic finance in Central Asia, Trend reports via the Astana International Financial Centre (AIFC).

The multilateral agreement was signed by sector associations from the three nations during the 2nd Islamic Finance and Business Forum 2026 in Astana.

The new regional alliance comprises the Islamic Finance Association of Kyrgyzstan, the Islamic Finance and Business Association of Kazakhstan, and the Islamic Finance and Takaful Association of Uzbekistan. The collaborative framework is designed to build joint technical expertise, promote the region's cross-border investment opportunities, and enhance networking among market players.

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