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Since 2012 Turanbank to start rendering services on Islamic banking standards

Posted on 22 June 2011

Azerbaijani banks expand involvement in the process of activity on Islamic banking principles. Chairman of Turanbank’s Supervisory Board Fuad Musayev has reported that at present tender phase is underway for selection of the consultant on introduction of Islamic banking’s “window”.
” We have already given requests to potential consultants and expect their answers which we will evaluate and make a choice. In parallel national legislation analysis is ongoing “,- F. Musayev said. The bank sees Bahrain, Great Britain or Malaysian companies as its consultants……………………………………….Full Article: Source

 
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