Tagged: International Bank of Azerbaijan

IBA starts rendering Islamic banking services

IBA starts rendering Islamic banking services

The International Bank of Azerbaijan has announced provision of new services to clients through the first and so far only “Islamic window” in Azerbaijan. A range of services offered by the bank includes such products of Islamic banking as Ijara, Vakala…

Azerbaijan bank plans $150m Islamic loan

Azerbaijan bank plans $150m Islamic loan

International Bank of Azerbaijan (IBA) considers to raise $150m using an Islamic syndicated loan at the beginning of 2013. Thus, the bank intends to double its Islamic banking assets by the end of next year. According to the bank’s director of Islamic …