An agreement was reached on the creation of the first Islamic bank in Uzbekistan
Anorbank and the Islamic Corporation for the Development of the Private Sector have agreed to jointly implement the project of establishing the first Islamic bank in Uzbekistan.
Anorbank and the Islamic Corporation for the Development of the Private Sector (XSRIK) have agreed to jointly implement the project of establishing the first Islamic bank in Uzbekistan. This was reported by the bank's press service.
It is noted that a memorandum of understanding was signed with the Islamic Corporation on the development of the private sector within the framework of the annual conference of the Islamic Development Bank held in Riyadh, the capital of Saudi Arabia, on April 27-30. According to him, the bank and XSRIK plan to closely cooperate in studying and identifying investment opportunities, financing.
In particular, Anorbank and XSRIK agreed to jointly develop the project of establishing the first Islamic bank in Uzbekistan.
" The new bank, in which XSRIK, Norbank and other foreign companies are expected to invest, will be established in accordance with the legislation of Uzbekistan and will serve to attract foreign investments to the economy of our country and develop international cooperation ," the report said.
For information: Islamic Corporation for Private Sector Development (XSRIK) is a multilateral development finance institution that supports the economic development of its member countries. Based in Jeddah, this corporation is part of the Islamic Development Bank (IDB) group.
Anorbank is the first local digital commercial bank in Uzbekistan .
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