It has been announced by president of Kazakhstan, Nursultan Nazarbaev, at X World Islamic Economic Forum, which is taken place at UAE. Also he has won “Global leader of Islamic finances” award (Global Islamic Finance Awards-GIFA).

t has been announced by president of Kazakhstan, Nursultan Nazarbaev, at X World Islamic Economic Forum, which is taken place at UAE. Also he has won “Global leader of Islamic finances” award (Global Islamic Finance Awards-GIFA).

Nursultan Nazarbaev has underlined fruitful cooperation with Islamic Development Bank, at sphere of investment attraction and Islamic banking development. In 2007, in cooperation with UAE, decision of first Islamic bank “Al Hilal Bank” (shared capital 500 million dollars) establishment has been made. Now Almaty (largest city of Kazakhstan) is regional hub of Islamic financing for CIS and Eastern Europe. Construction of multifunctional complex “Abu-Dhabi Plaza” at Astana and “Falakh” joined investment fond activity in Kazakhstan has also been marked.