The International Islamic Trade and Financial Corporation (ITFC) intends to invest in small and medium-sized companies in the private sector of Tajikistan.

This was stated by the senior adviser and general manager of the ITFC, Islamic Development Bank Group Abu Jalov during a training seminar for employees of the banking sector in Tajikistan.

“The ITFC has declared its readiness to cooperate with financial organizations of Tajikistan. This organization also plans to invest in the future small and medium-sized private sector companies,” the National Bank of Tajikistan reports.

In turn, the leaders of the National Bank of Tajikistan acquainted ITFC representatives with the macroeconomic situation in the country, developing documents regarding Islamic banking.

Representatives of the ITFC were also introduced to the principles of Islamic finance and the introduction of Islamic banking to increase the volume of investments from the member states of the Islamic Development Bank.

“The Qazaq Times”