RFCA, ?FATTAH FINANCE? signed memo of coop

ALMATY. March 3. KAZINFORM ?Regional Financial Centre of Almaty? JSC and ?Fattah Finance? JSC have concluded a memorandum of cooperation. The document was signed by Chairpersons of the Organizations – Dauren Utkelbayev and Aizhan Bekkhozhayeva respectively, Kazinform reports.

The Memorandum provides for realization of joint projects on monetary fund development, implementation of financial institutes of the Islamic banking, insurance, issuing securities based on the Islamic principles. Implementation of the Islamic banking in Kazakhstan will provide new opportunities for the development of Kazakhstan real sector and diversify the current system of finances on the local markets.