Microcredit Company Amanat Credit, with the support of the International Finance Corporation (IFC), has launched an Islamic housing finance product based on the Sharia principles of Qard Hasan and Istisna’a.

Since the start of the pilot phase in July 2025, more than 530 financing contracts totaling over 53 million KGS have been issued across all company offices. The program helps clients improve and renovate their homes while adhering to Islamic principles.

“We are pleased to offer a tool that combines social benefit with adherence to Sharia,” — said Mr. Myrzaibraimov S., Chairman of the Sharia Council.

“This step opens new opportunities for families seeking fair and affordable financing,” — emphasized Ms. Omurzakova G., Executive Director of Amanat Credit.