According to him, this fund provides a unique opportunity to access international financial markets using a model that complies with Islamic investment standards.
“Each asset and investment model of the fund has undergone detailed scrutiny. All activities that contradict Shariah have been excluded, and mechanisms for purifying income in accordance with Islamic principles have been established,” Kokoев noted.
He also reminded that a similar fund was launched in Almaty at the beginning of last year, and now such an opportunity is available for Kyrgyz investors as well.
This opens up access to international assets in a clear and permissible manner for market participants, he emphasized.
Moreover, ITS Shariah highlighted that Islamic finance is accessible to everyone, regardless of religious affiliation. This system is built on principles of fairness, responsibility, and connection to the real economy, making it in demand on the international stage.
A council member is confident that a new segment of the financial market is forming in Kyrgyzstan, and investors starting to work with such instruments will be able to establish strong positions in this promising direction.
