
Published
11/21/2025, 10:58The Guarantee Fund and Ayil Bank have signed a cooperation agreement providing for guarantees that comply with Islamic financing principles. The document was signed on November 20 by the chairmen of the boards of the two institutions, Malik-Aydar Abakirov and Tilek Alimjanov.
The purpose of the agreement is to expand entrepreneurs' access to financing and reduce the bank's risks through guarantee support. The new mechanism is aimed at businesses that do not have sufficient collateral, as well as customers interested in financing in accordance with Sharia law.
The guarantee covers part of the unsecured amount, but no more than 50% of the financing amount. The fee is paid in a lump sum when the funds are disbursed.
Additional information on guarantees based on Islamic principles can be obtained by calling the short number 7500.



