BAKU, Azerbaijan, December 17. Azerbaijan and
Malaysia discussed opportunities for cooperation in the development
of Islamic finance, Trend reports via CBA.
Tarlan Rasulov, Director General of the Central Bank, hosted a
delegation led by Dato' Ku Jaafar Ku Shaari, Chairman of the
Malaysian Al-Hidayah Group of Companies.
The discussions primarily centered on the advancement of Islamic
finance, with particular emphasis on expanding the product
portfolio within this sector and exploring potential avenues for
institutional collaboration.
Additionally, the meeting provided an opportunity to exchange
perspectives on initiatives designed to foster the development of
Islamic banking, as outlined in the Central Bank’s “Financial
Sector Development Strategy for 2024-2026.” Other topics of mutual
interest were also addressed during the session.
