Kazakhstan Islamic Finance Conference (KIFC 2011) will take place on 14-15 March, 2011 in Astana, Radisson SAS Hotel.

KIFC 2011 aims at enhancing the investment activity in Kazakhstan and creating a favorable investment climate in the region.

Organizer - Istisna'a Corporation.

Partners: Ministry of Industry and New Technologies, Regional Financial Center of Almaty, KAZNEX INVEST, Kazakhstan Independent Directors Association (KIDA), Islamic Finance Advisory and Assurance Services (IFAAS).

Objectives:

• Discussion of issues pertaining to enhancement of the legislative basis for development of Islamic finance;

• Promotion of the Islamic stock exchange, including securities, asset management, investment funds and issuance of certificates of participation – sukuk – as a tool for boosting investment activities at sovereign and corporate levels;

• Examination of issues related to issuance of Islamic financial securities – sukuk;

• Examination of regulation mechanisms, licensing and auditing procedures and risk management during issuance of sukuk;

• Stimulation of investment activity and attraction of investments to Kazakhstan’s economy.

Speakers: Karim Massimov, Prime Minister of the Republic of Kazakhstan; Asset Issekeshev, Deputy Prime Minister, Minister of Industry and New Technologies of the Republic of Kazakhstan; Bolat Zhamishev, Minister of Finance of the Republic of Kazakhstan; Kadyrzhan Damitov, President, Kazakhstan Stock Exchange; Representatives of Malaysian/Dubaian Stock Exchange, Regional Financial Center of Almaty-city, Financial Supervision Agency, National Bank of the Republic of Kazakhstan, etc.

GRATA Law Firm will be represented by Shaimerden Chikanayev, Partner and Head of Banking and Finance Department.  

Program of the conference can be found at http://kifc.asia/agenda.