IBA completes preparatory works on application of Islamic banking

<b>IBA completes preparatory works on application of Islamic banking</b>
# 27 June 2012 08:27 (UTC +04:00)
Baku. Elnur Huseynguluyev – APA-Economics. The International Bank of Azerbaijan has completed preparatory works on application of Islamic banking, said the chairman of Personnel Administrative of Bank Jahangir Hajiyev.

According to him, the talks with foreign partners to involve funds have already been held: “The proposals on aims of funds were drafted and submitted to Supervisory Board. This issue depends on founders”.

Remind that, IBA has been in operation since 1992.
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THE OPERATION IS BEING PERFORMED