An international training conference titled “Joint Cooperation between Tajikistan and Turkey: Islamic Finance and Capital Markets for the Future” opened today at the Ministry of Finance of the Republic of Tajikistan with the participation of experts from the Republic of Turkey, NIAT Khovar reports.

The conference was organised at the initiative of the Ministry of Finance of Tajikistan and the Turkish Cooperation and Coordination Agency (TIKA). Turkish experts are conducting training sessions for representatives of relevant ministries and departments, the National Bank of Tajikistan, the securities market, the banking and insurance sectors, joint-stock companies, and business associations.

Opening the event, Deputy Minister of Finance Sarvar Qurbaniyon said that the development of capital markets and the introduction of Islamic financial instruments create new opportunities for sustainable economic growth and the attraction of long-term investment in Tajikistan.

Ambassador Extraordinary and Plenipotentiary of the Republic of Turkey to Tajikistan Umut Acar and TIKA Programme Coordinator Ibrahim Unal stated that Turkey is ready to share its experience in Islamic finance and to support partnership with Tajikistan in this field. They described the initiative as an important step toward strengthening bilateral cooperation and building professional capacity for sustainable financial instruments.

UN Resident Coordinator in Tajikistan Parvati Ramaswamy noted that financing sustainable development in the country includes attracting green capital, issuing Islamic bonds, and expanding cooperation with the United Nations to achieve the Sustainable Development Goals.

Nigina Abdurahmonzoda, Director of the Securities and Special Registration Agency under the Ministry of Finance, said the training marks a new stage in the institutional development of the capital market and the professional capacity of specialists. She emphasized that Islamic financial instruments could become an important source of long-term financing for Tajikistan’s economy.

The training programme will run until 6 February and will cover Islamic economics and finance, Islamic banking and insurance, capital markets, legal and institutional frameworks for securities market development, and prospects for introducing Islamic financial instruments in Tajikistan. Participants will receive certificates upon completion.