Eldik Bank OJSC and the Association of Islamic Finance Sign Cooperation Agreement

Eldik Bank OJSC and the Association of Islamic Finance have entered into a cooperation agreement aimed at developing and promoting the principles of Islamic finance, enhancing financial literacy among the population, and expanding access to modern financial products that comply with Sharia principles.

The agreement was signed as part of efforts to strengthen partnership relations between the banking sector and the professional Islamic finance community. The document provides for the joint implementation of educational, advisory, and informational initiatives, as well as the exchange of expertise and professional knowledge in the field of Islamic banking and finance.

As part of the partnership, the parties plan to organize thematic events, seminars, conferences, and training programs designed to promote Islamic financial instruments among both individuals and businesses.

Representatives of Eldik Bank noted that the development of Islamic finance is one of the promising avenues for increasing financial inclusion and creating new opportunities for customers. In turn, the Association of Islamic Finance emphasized the importance of cooperation with financial institutions in building a sustainable and efficient Islamic finance ecosystem.

The signing of the agreement marks an important step toward the development of the Islamic finance industry and the strengthening of partnerships among market participants.