The Islamic Development Bank (IDB) has allocated $25 million for Kazakhstan farmers, Tengrinews.kz reports citing the Development Commission of Almaty Regional Financial Center of Kazakhstan’s National Bank.
“The Fund for Financial Support to Agriculture has started a series of training seminars on Islamic financing methods for personnel of branches and representative offices in 11 regions of Kazakhstan. The training is held by Director of Badr Finance & Investment professor Adalet Dzhabiyev who developed a methodology of Islamic micro-financing for the fund under a contract with the Islamic Development Bank,” the Commission states………………………………………..Full Article: Source