Azerbaijan: Islamic banking’s opportunities to be mulled in Baku
Baku is scheduled to host the ‘7th World Islamic Banking Conference – CIS’ in April, 2016, a source in Azerbaijan’s finance market told Trend August 15.
“The event’s exact date isn’t yet known,” said the source. “Currently, organizers are negotiating with partners in Azerbaijan in this regard.”
The source further said the conference is expected to be attended by about 500 representatives of foreign countries, as well as Islamic banks and financial institutions from over 30 countries of the Persian Gulf.
“The conference will attract the leading Islamic banks’ representatives to Azerbaijan and will become a platform to discuss new opportunities and realization of joint projects, as well as make it possible to establish economic ties between the countries of CIS and the Persian Gulf,” the source added.
The interviewee also said the conference will help promote Azerbaijan in the Islamic countries, especially on the eve of the 4th Islamic Solidarity Games, to be held in 2017 in Baku.