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Center of Islamic Banking and Economics

Press Release

CIS Islamic Banking and Finance Forum to be Held in Tashkent-


Uzbekistan
Commonwealth Independent Stats (CIS) are new destination for Islamic Banking & Finance
(March 19, 2019 (Dubai)): CIS Islamic Banking and Finance Forum will convene in Tashkent – Uzbekistan
on 2nd May, 2019 to explore and discuss innovative financial inclusion strategies that can create clear
pathways to financial and economic Solutions. This Apex event is organized by AlHuda CIBE in
association JS SABOAM LLC.

More than 15 countries will be participating in this prestigious event including Middle East, Kazakhstan,
Tajikistan, Azerbaijan and Uzbekistan etc. Kazakhstan and Kyrgyzstan are well developed in this concept
whereas Uzbekistan and Tajikistan are developing in the same way slowly but steadily. The theme of the
forum is to explore the untapped potential of Islamic Finance market of CIS countries and to adopt the
latest trends, address the challenges and discover the new opportunities in Islamic financial industry of
Central Asia. Islamic Banking and Finance is the only solution for Banking and Financial needs. The forum
will cover a variety of topics including Islamic Finance and Financial Inclusion, Takaful, Investment
opportunities in Central Asia and Uzbekistan and Sukuk (the Islamic Bonds).

The main objectives of the forum include e.g. recognizing significant developments in Islamic Financial
Infrastructure of Central Asia, linkages of Central Asian Islamic Finance industry with international
financial market, demonstration of the flexibility of Islamic Financial markets during recent financial
crisis, share the best practices of the international Islamic banking market with Central Asian Islamic
finance Industry, assessing innovations in Islamic financial markets through the growth of newly
developed research based products etc. The event is open for the public with very nominal entrance fee.
It is highly recommended that more and more organizations, companies and banks should join the
summit in order to gain the maximum benefit from this international event in Uzbekistan.

Mr. Muhammad Zubair Mughal, Chief Executive Officer, AlHuda CIBE - UAE echoed his thoughts, and
said that Islamic finance is fastest growing area in CIS countries, Islamic finance is not only developing its
roots in Muslim countries but many non-Muslim countries are getting benefit from it. AlHuda Centre of
Islamic Banking and Economics (CIBE) is committed to providing specialized Training, Advisory and
Research globally with commitment, dedication, and aspiration in Central Asia. Keeping the above vision
in mind, AlHuda CIBE with its vibrant staff has been working with full dedication since 2006 for
strengthening Islamic Financial System. He also added that AlHuda CIBE already have its footprints in the
world different countries but in next six month they will unlock two new countries from Central Asia
including Uzbekistan for their services. Industry well known speakers will be addressing the event
including Nodira Alimova, Mufti Aziz ur Rahman, Abdul Samad, Ulugbek and Mr. Muhammad Zubair.

AlHuda Center of Islamic Banking and Economics


Head Office: P.O Box. 120867, Dubai - U.A.E, Ph: 00971 55 938 99 00
Pakistan Office: 98A Sunflower Society, J1 Johar Town, Lahore – + 92 (0)42 - 35913096 – 8
Email: info@alhudacibe.com Web: www.alhudacibe.com
Center of Islamic Banking and Economics
About AlHuda CIBE: AlHuda Center of Islamic Banking and Economics (CIBE) is a well-recognized name
in Islamic banking and finance industry for research and provide state-of-the-art Advisory Consultancy
and Education through various well-recognized modes viz. Islamic Financial Product Development,
Shariah Advisory, Trainings Workshops, and Islamic Microfinance and Takaful Consultancies etc. side by
side through our distinguished, generally acceptable and known Publications in Islamic Banking and
Finance.

We are dedicated to serving the community as a unique institution, advisory and capacity building for
the last twelve years. The prime goal has always been to remain stick to the commitments providing
Services not only in UAE/Pakistan but all over the world. We have so far served in more than 35
Countries for the development of Islamic Banking and Finance industry. For further Details about AlHuda
CIBE, please visit: www.alhudacibe.com

For Media Contact:

Ms. Shaguftta Perveen


Manager Communications,
info@alhudacibe.com
Call: +92 42 35913096 - 98

AlHuda Center of Islamic Banking and Economics


Head Office: P.O Box. 120867, Dubai - U.A.E, Ph: 00971 55 938 99 00
Pakistan Office: 98A Sunflower Society, J1 Johar Town, Lahore – + 92 (0)42 - 35913096 – 8
Email: info@alhudacibe.com Web: www.alhudacibe.com