The Association of Islamic Finance and Business (AIFB) and Kazakhstan Stock Exchange (KASE) have signed a Memorandum of Cooperation in Islamic finance and capital markets.
The memorandum provides for cooperation in developing Islamic financial instruments, exchanging expertise, raising awareness among market participants and implementing joint expert initiatives.
The partnership will combine AIFB’s professional expertise with KASE’s market infrastructure capabilities to support the practical development of Kazakhstan’s Islamic capital market. Particular attention will be given to improving transparency and access to information, expanding the investor base and creating conditions for the introduction of new Islamic financial instruments.
The signing of the memorandum marks an important step in strengthening cooperation between the professional community and Kazakhstan’s capital market infrastructure.
AIFB and KASE intend to continue their joint efforts to advance Islamic finance and support the further development of the Islamic capital market in Kazakhstan.
The memorandum provides for cooperation in developing Islamic financial instruments, exchanging expertise, raising awareness among market participants and implementing joint expert initiatives.
The partnership will combine AIFB’s professional expertise with KASE’s market infrastructure capabilities to support the practical development of Kazakhstan’s Islamic capital market. Particular attention will be given to improving transparency and access to information, expanding the investor base and creating conditions for the introduction of new Islamic financial instruments.
The signing of the memorandum marks an important step in strengthening cooperation between the professional community and Kazakhstan’s capital market infrastructure.
AIFB and KASE intend to continue their joint efforts to advance Islamic finance and support the further development of the Islamic capital market in Kazakhstan.