Kyrgyzstan’s Islamic financing market sees positive growth

TheCyprus


Kyrgyzstan
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1 May 2025 07:15 (UTC +04:00)

Kyrgyzstan’s Islamic financing market sees positive growth

Photo: National Bank of Kyrgyzstan


The volume of financing based on Islamic principles in Kyrgyzstan increased by 19.3 percent in the first quarter of 2025, reaching 10.8 billion soms (approximately $123 million). This growth spans multiple sectors, with notable increases in agriculture, trade, mortgage, and consumer financing. The financing figures highlight a growing demand for Sharia-compliant financial services, particularly in sectors such as agriculture, consumer lending, and housing.



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