Azerbaijan begins careful integration of sukuk into its financial system

Azernews.Az

14 October 2025 08:30 (UTC+04:00)

Nazrin Abdul

Azerbaijan is taking its first concrete steps toward the implementation of Islamic finance, marking a potentially transformative moment for the country's financial landscape. At the heart of this initiative is the introduction of Islamic bonds, or sukuk, through a project spearheaded by the Islamic Development Bank Institute (IsDBI) and funded by an Islamic finance grant.

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