He also highlighted how CWLS enhances the diversity of the Islamic capital markets and supports the integration between commercial and social Islamic finance.

Source: https://www.africanews.it/english/islamic-development-bank-institute-hosts-lecture-on-prize-winning-cash-waqf-linked-sukuk-developed-by-indonesian-finance-ministry/

Malaysia’s central bank, Bank Negara, has robust Islamic finance regulations for Islamic institutions through its Islamic Financial Services Act (2013).

Source: https://www.emirates247.com/business/economy-finance/investment-monitor-dubai-is-the-most-important-global-center-for-islamic-finance-2023-05-21-1.711790

The AIFC has also introduced the first handbooks for Kazakhstan’s Islamic finance industry, including “Guidelines on Islamic Banking and Financial Products” and “Sukuk Guidelines.”

Source: https://astanatimes.com/2023/08/islamic-finance-market-in-kazakhstan-opens-new-investment-opportunities/

The development of Islamic finance in Kazakhstan was also considered during the meeting between Tileuberdi and Sultan Al Habsi.

Source: https://astanatimes.com/2023/02/kazakh-foreign-minister-visits-oman-to-bolster-cooperation-in-trade-and-investment/

This Line of Finance facility marks the third extended by ICD to Trustbank and aims to promote Islamic finance, improve financial inclusion, and support private sector development in Uzbekistan.

Source: https://realnewsmagazine.net/icd-and-private-joint-stock-bank-trustbank-partner-to-provide-usd20m-in-financing-for-private-sector-businesses-in-uzbekistan/?utm_source=rss&utm_medium=rss&utm_campaign=icd-and-private-joint-stock-bank-trustbank-partner-to-pr

We also suggest that an expert in Islamic finance should be a member of the National Economic Council (NEC).

Source: https://theeagleonline.com.ng/give-muslims-non-interest-loans-muric-tells-fg/