Azerbaijani banks to need up to 2 years to introduce full value Islamic banking
Azerbaijani delegation has reported that there are no Islamic banks in the country but a range of banks applies certain elements of Islamic banking.
"They are currently ready to pass to Islamic financial operations for corporate clients. To organize full value Islamic banking Azerbaijani banks may need up to 2 years provided that relevant legislation is worked out ",- representatives of Azerbaijani side said.
At present International Bank of
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