The International Bank of Azerbaijan, the largest lender and the only state-owned bank in Azerbaijan, is still confident to promote Azerbaijan as an Islamic Banking hub in the region.
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The International Bank of Azerbaijan, the major state-owned bank holding at least 40 percent of all bank assets in the country, is expanding its range of Islamic payment cards.
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Director of the Islamic Banking Department at the International Bank of Azerbaijan, Behnam Gurbanzade’s exclusive interview for AzerNews
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The International Bank of Azerbaijan -- a major state-owned bank holding at least 40 percent of all bank assets in the country -- has become the first among European banks to introduce the Islamic card on September 25.
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The International Bank of Azerbaijan (IBA) is completing a transaction to draw $150 million as a syndicated Murabaha from UAE banks, IBA Islamic banking Department head Behnam Gurbanzade told Trend today.
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