CIIC attended meeting with IDB management

CIIC attended meeting with IDB management

On January 18, Minister of Economy of Azerbaijan Mr Shakhin Mustafayev met with Mission of Political Dialogue headed by the vice-president of Islamic Development Bank (IDB) Mr Sayed Agha. Meeting was also attended by the General Manager of CIIC Mr Elvin Ashirov.

Note that, in frames of meeting the Grant on “Technical support on development of legal basement for implementatio of Islamic financing in the Republic of Azerbaijan” was signed between two sides. The agreement envisages the analysis of banking legislation and study of the possibilities of introduction of the Islamic banking principles in Azerbaijan.