ISTANBUL

A four-day training on Islamic Banking and Finance brought together representatives of central banks and relevant authorities from Azerbaijan, Kazakhstan, Kyrgyz Republic, Tajikistan, Uzbekistan, Afghanistan and Turkey.

The training was conducted by the International Islamic Trade Finance Corporation (ITFC) in collaboration with the Istanbul School of Central Banking (ISCB) and the Statistical, Economic and Social Research and Training Centre for Islamic Countries (SESRIC).

The event that ended Thursday provided an overview of existing financial products, explained how Islamic financial institutions operate and elaborated on the main differences between conventional banking and finance, and the sharia compliant banking.

Read more: Istanbul meet discusses Islamic banking, finance