According to him, this instrument will allow access to international financial markets, offering a diversified investment model that complies with Islamic standards.
“All assets and investment models of the fund have undergone thorough scrutiny. All types of activities that do not comply with Shariah have been excluded, and mechanisms for purifying income have been provided,” noted the board representative.
He also reminded that at the beginning of last year, the board participated in the launch of a similar fund in Almaty, and now such an opportunity is available for Kyrgyz investors.
This opens up access to international assets in a clear and permissible form for market participants, he emphasized.
Moreover, ITS Shariah highlighted that Islamic finance is accessible to everyone, regardless of religious affiliation. Based on principles of fairness and responsibility, this system is tied to the real economy, making it relevant on a global scale.
A board member expressed the opinion that a new segment of the financial market is forming in Kyrgyzstan, and those investors who start working with such instruments at early stages will be able to secure strong positions in this promising direction.
