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Kompanion Invest received a certificate of the NBKR on compliance with Islamic principles of banking and financing

KompanionKompanion Invest Microcredit Company received a certificate of the National Bank of the Kyrgyz Republic on compliance with Islamic principles of banking and financing (No. 352-4/534 dated July 22, 2016).

Established in 2011, Kompanion Invest Microcredit Company is a subsidiary of Kompanion Bank CJSC. The company operates under the Shari’a standards that do not allow imposing interest rates on loans. A client and the financial institution share profit and losses, while all transactions are based on Islamic ethical norms.

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