IFPA and Kazakh Invest Sign MoU Promoting Agri-Food Investments and Related Use of Islamic Finance 

The International Islamic Food Processing Association (IFPA) and Invest Kazakhstan (Kazakh Invest) have signed a Memorandum of Understanding (MoU) to promote agri-food projects with investments that relate to the use of Islamic finance, as well as investments in the wider market of Kazakhstan.

Why it Matters?

Kazakh Invest and the IFPA share the goal of fostering commercial contacts and strategic alliances in the wider food supply chain as well as the expansion of export markets. This MoU paves the way for the parties to work together in the future in order to achieve common goals that would boost the agri-food sector’s contribution to Kazakhstan’s gross domestic product. Further, the IFPA noted that support would also be provided to agri-food investors o...