Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us

Islamic Investment Bank Can Be Opened in CIS, Interfax Says

Dec. 2 (Bloomberg) -- An Islamic investment bank can be established in former Soviet republics, Interfax news agency reported, citing Anatoliy Kazakov, head of the coordinating body of the finance and banking council of the Commonwealth of Independent States, or CIS.

The bank can invest in infrastructure, industrial and refining projects, Kazakov told Interfax in an interview today in the Azerbaijani capital of Baku. He added that an Islamic bank would help attract investments in the CIS market, which he described as attractive and reliable.

To contact the reporter on this story: Zulfugar Agayev in Baku at zagayev@bloomberg.net

To contact the editor responsible for this story: Hellmuth Tromm at htromm@bloomberg.net

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.