Islamic Finance
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Saudi Arabia-based ICD extends Islamic financing to Uzbek banks
The Saudi Arabia-based Islamic Corporation for the Development of the Private Sector (ICD) has signed sharia-compliant financing agreements with six banks in Uzbekistan, boosting the former Soviet state’s efforts to develop Islamic finance. Uzbekistan, the most populous country in Central Asia where a majority of its 32 million people are…
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Click here to read the full story: Reuters