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President of the Republic of Kazakhstan

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Participation in the ceremony of awarding the Global Islamic Finance Leadership Award

October 28, 2014

 

Within the framework of the 10th World Islamic Economic Forum, a ceremony of awarding President of Kazakhstan Nursultan Nazarbayev the Global Islamic Finance Leadership Award took place. The award was presented by CEO of the Edbiz Consulting Limited company doctor Humayon Dar.

The award ceremony was attended by Vice President, Prime Minister of the United Arab Emirates and Ruler of Dubai Mohammed bin Rashid Al Maktoum.

The award is honoured for great achievements in the development and promotion of the Islamic financial market at the regional and international levels.

- Since 2009 Kazakhstan has been a leader among the CIS and Central Asia countries, which introduced the Islamic financing principles legislatively. At the moment, a number of Islamic financial institutions, which deliver banking, insurance and leasing services, operate in Kazakhstan, - the head of state said.

Nursultan Nazarbayev has also stressed that given the active participation of Kazakhstan in the activities of international Islamic organisations, its role in the development of Islamic financing would be increased.

At the end of the ceremony, the President of Kazakhstan thanked GIFA for awarding this honourable prize, having wished the organisation further success in achieving its goals. 


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The President of the Republic of Kazakhstan