Bonki Rushdi Tojikiston

Islamic Development Bank affiliate to support Tajik bank’s conversion to sharia compliance

Bonki Rushdi Tojikiston (BRT), based in Tajikistan, has signed an advisory services agreement with the Islamic Corporation for the Development of the Private Sector (ICD) to process and support its conversion into Shariah-compliant operations. The agreement is designed to develop an advisory process to effectively deliver full conversion by also identifying challenges and addressing impediments. The ICD will dedicate seven key teams across the full conversion process in areas of project management, Shariah compliance, treasury, accounting, human resources, information technology, marketing and legal framework. BRT is hoping to become the leading Shariah-compliant platform in Tajikistan.

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