Kazakhstan’s Islamic finance market starts to grow

Eight months after Kazakhstan’s law on Islamic finance and banking was adopted, a handful of local and international Islamic institutions have already set up in the country. Looking ahead, the issuance of sukuks, or Islamic bonds, by Kazakhstan-based companies is expected to drive the market for Sharia finance.

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GOVERNMENT Weekly Review. President Nazarbayev visits Jambyl and South Kazakhstan regions. Eurasian Energy Forum held in Astana. IT sector needs investments.

This week started with the working visit of Kazakh President Nursultan Nazarbayev to Zhambyl region. Head of the State Nursultan Nazarbayev attended a celebratory meeting devoted to the 70th anniversary of Zhambyl region.

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Premier: Kazakhstan is a proved vendor of energy resources to global market

Premier: Kazakhstan is a proved vendor of energy resources to global marketThe IV Eurasian Energy Forum has kicked off in Astana today. Prime Minister Karim Massimov addressed the attendees with a welcoming speech. Having noted Kazakhstan’s achievements in oil and gas sector, K. Massimov said our country had proved itself to be a reliable supplier of oil and gas resources to the global market.

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Kazakhstan to take on well-deserved commitment on Post-Kyoto Protocol – Minister Ashimov

Kazakhstan to take on well-deserved commitment on Post-Kyoto Protocol - Minister AshimovTop-level conference on climate change was held at the United Nations Headquarters. Kazakh Minister of Environmental Protection Nurgali Ashimov who was among the participants of the conference told about the results of the forum and the country’s positions regarding critical aspects of the problem of climate change and the prospects of achievement of the Post-Kyoto protocol on reduction of greenhouse gas emissions.

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