OREANDA-NEWS. Fund for Financial Support of Agriculture JSC (Astana), whose bonds are officially listed on Kazakhstan Stock Exchange (KASE), has informed KASE of the following:

"...On the basis of Islamic principles of financing Fund for Financial Support of Agriculture JSC has provided villagers with KZT3 bn.

In 2012 in Kazakhstan the retail Islamic finance project was first launched in the framework of the agreement between a subsidiary of KazAgro Holding – Fund for Financial Support of Agriculture JSC – and the Islamic Development Bank".