12:35 - 8.05.2026

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May 8, Fineko/abc.az. The International Bank of Azerbaijan (ABB) will soon present the Murabaha credit on Islamic financing.

ABC.AZ informs that ABB’s chairman of board Abbas Ibrahimov aid this at a press conference dedicated to ABB’s sustainability report.

He noted that the product was developed by the Bank in connection with the opening of the Islamic banking window within the special regulatory regime of the Central Bank.

"As part of special regulatory regime, clients will be offered the Murabaha product for financing real estate and movable property of resident legal entities and individual entrepreneurs registered in the official register. The product is already fully ready. The credit amount will range from 100,000 to 5 million manats. We plan that the product will be presented to customers in the near future," he said.

By Elmir Muradov