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THIQAH Newsletter | Issue 1 | Quarter 4 - 2013
Dushanbe Business Forum 2013
In conjunction with the 38th IDB Annual Meeting, the
“Dushanbe Business Forum 2013” was organized
by the Islamic Corporation for the Development of
the Private Sector (ICD) under the auspices of the
President of the Republic of Tajikistan and it avails
itself of the collaboration of the Islamic Development
Bank Group Business Forum (THIQAH) and in
association with Tajinvest.
The Forum took place at the Tajik President’s
Residence “Pugus” and was inaugurated by H.E
the Prime Minister of the Republic of Tajikistan,
Mr. Oqil Oqilov, the Chairman of the State Committee
on Investments and State Property Management of
the Republic of Tajikistan, IDB Governor in Tajikistan,
H.E Mr. Davlatali Saidov and the CEO of the ICD,
Mr. Khaled Al Aboodi.
The Forum showcased Tajikistan as a promising
investment destination and focused on the best
practices of Islamic Banking & Leasing and aimed to
strengthen the economic ties between the Tajikistan
and OIC countries by attracting investment into
Tajikistan. Furthermore, the forum represented a
unique opportunity to investors, business people
and policymakers to network and establish business
relations with their counterparts and other leading
representatives from the local business community
in order to explore together the many investment and
trade possibilities that the country offers.
The Forum intended to present to the Tajikistan
business community the Islamic financial institutions
network in member countries in general and in the CIS
in particular. Also, it was an opportunity for the CEOs’
of the Islamic banks and leasing (Ijara) companies to
address key factors around achieving scale through
consolidation or merger activity to strengthen their
institution and ensure long-term industry stability.
The outcome of the Dushanbe Business Forum
2013 was to create linkages and business relations
between Tajikistan and the private sector community
in OIC & CIS countries, gave opportunity for local
participants to discuss business collaboration with
potential shareholders and addressed the prospects
of developing and introducing Islamic banking and
financial tools into the CIS countries market as a
viable model for boosting stable economic growth.