Azerbaijan begins careful integration of sukuk into its financial system

Azerbaijan's Integration of Sukuk into its Financial System

Azerbaijan is taking its first concrete steps toward the implementation of Islamic finance, marking a potentially transformative moment for the country's financial landscape.

The introduction of Islamic bonds, or sukuk, is at the heart of this initiative, through a project spearheaded by the Islamic Development Bank Institute (IsDBI) and funded by an Islamic finance grant.

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Azerbaijan begins careful integration of sukuk into its financial system.

Author's summary: Azerbaijan integrates sukuk into finance.

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AzerNews AzerNews — 2025-10-14

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