Azernews.Az

The potential introduction of Islamic banking in Azerbaijan represents a significant shift in the country’s financial ecosystem. While the concept is rooted in long-standing global practices and enjoys success in neighboring regions such as Turkiye, the UAE, and even parts of Central Asia, its path into Azerbaijan remains cautious and measured. Azerbaijan’s Central Bank is taking a calculated approach - emphasizing the need to fully assess demand, legal infrastructure, and systemic readiness before moving toward broader implementation.

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