Halyk Bank shareholders approve Islamic banking licenseShareholders of Halyk Bank, Kazakhstan's largest bank by assets, approved obtaining a license for Islamic banking operations at an extraordinary meeting on September 25, according to a statement published by the Kazakhstan Stock Exchange (KASE).Shareholders also voted to establish a three-member Shariah Supervisory Board, with a one-year term.Aznan Hasan, Salim Al Ali and Aida Othman were elected to Halyk Bank's Shariah Supervisory Board.Halyk Bank is controlled by Dinara Kulibayeva, a daughter of Kazakhstan’s first president Nursultan Nazarbayev, and her spouse Timur Kulibayev through Almex Group JSC (50.25%). The Bank of New York is a nominee shareholder of Halyk bank with a 28.42% stake. The shares of Halyk Bank are traded on the Kazakhstan Stock Exchange and GDRs on The London Stock Exchange and the Astana International Exchange (AIX). (ICE ALMATY)

Fonte notizia: INTERFAX