Five Days International Islamic Banking Conference
Mr. Qamar Mahmood, Chief Executive Officer (IFBTC) Kazakhstan, said in his welcome note that the solitary efforts of Alhuda CIBE to promote Islamic Banking in Kazakhstan are just superlative. He further added that IFBTC reassures its full support to Alhuda CIBE in this regard. He told that 47 % inhabitants of Kazakhstan are Muslim and eagerly waiting for Islamic Banking system in order to have interest free banking. He further praised Islamic Banking System of Pakistan which is awe-inspiring and rightly according to Shariah compliance. The people of Kazakhstan see Pakistani Islamic Banking System with great respect.
While talking to the media crew, Mr. Zubair Mughal, Chief Executive Officer, Alhuda Centre of Islamic Banking and Economics stated that the current International economic and financial crunch has placed Islamic Banking to a dignified position. For this reason, not only Muslim countries but also Non-Muslim territories are getting attracted to the Islamic Banking system. He added that Alhuda CIBE and IFBTC are mutually making efforts to establish the state of the art Islamic Banking in Kazakhstan that will help providing Islamic Banking Product Development and Shariah Human Resources to Kazakhstan, Tajikistan, Azerbaijan and Kirgizstan and other countries.