Tatarstan Investment Development Agency

A working meeting with representatives of the Islamic Development Bank holds In Tatarstan Investment Development Agency

24 December 2014, Wednesday

The representative of the Islamic Development Bank Mr. Muhammad Umar Hussein arrived in the Republic of Tatarstan on the invitation of Tatarstan Investment Development Agency Chief Executive Talia Minullina. With the assistance of the Agency Mr. Hussein held a series of meetings, in particular with the Ministry of Economy of the Republic of Tatarstan, the National Bank of the Republic of Tatarstan, the Office of the Federal Tax Service of the Republic of Tatarstan, JSC "Ak Bars" Bank, Tatarstan International Investment Finance House "Amal" . On December 24 Tatarstan Investment Development Agency Chief Executive Talia Minullina met with Mr. Hussein. As part of the meeting with the participation of representatives of the Ministry of Finance of the Republic of Tatarstan, Department of the Treasury of the Republic of Tatarstan, the National Bank of the Republic of Tatarstan discussed the possibilities of analysis, evaluation and advisory support to promote the development of the regulatory framework governing the scope of Islamic banking. "In the current economic situation as an alternative and effective financial instruments may be the introduction of Islamic banking. Tatarstan Investment Development Agency pays special attention to cooperation with the institutions of this type of banking. “This is perspective, interesting and profitable", - noted Talia Minullina. The meeting scheduled a joint work plan.

Read all news