Tax and legislative barriers impede development of Islamic financing, says the press center of the Open Joint-Stock Company (OJSC) Tawhidbonk, the first full-fledged Islamic bank in Tajikistan.
TAwhidbonk asks for not levying the value added (VAT) on banking transactions of Islamic banks related to purchase and sale of assets.Tax and legislative barriers impede development of Islamic financing, says the press center of the Open Joint-Stock Company (OJSC) Tawhidbonk, the first full-fledged Islamic bank in Tajikistan.