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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Kazakhstan focuses on attracting Islamic finance

Posted on 09 June 2011

Kazakh President Nursultan Nazarbayev has said that Kazakhstan is interested in co-operation with Muslim countries, in attracting Islamic finance. According to experts, the potential of growth of Islamic investment in Kazakhstan in the coming years is up to $10 billion.
Speaking at the 7th World Islamic Economic Forum (WIEF) in Astana Nazarbayev noted that Muslim countries must undergo a serious modernization. “Without it the historical lag may be prolonged for another century,” the President said………………………………………..Full Article: Source

 
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