Azerbaijan's Central Bank and ICCD discuss Islamic finance collaboration with banking sector.

Azerbaijan's Central Bank and the Islamic Chamber of Commerce and Development (ICCD) recently met to explore Islamic finance opportunities. CBA Chair Taleh Kazimov highlighted discussions on collaboration with the banking sector and future prospects. The meeting followed a $15 million agreement between Azerbaijan's Rabitabank and the International Islamic Trade Finance Corporation, aimed at supporting small and medium-sized businesses through Islamic finance principles.

October 09, 2024
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