BAKU, Azerbaijan, October 21. Astana
International Exchange (AIX) has listed $10 million worth of sukuk
issued by Uzbekistan's Alif Moliya Sukuk SPC Limited.
According to the exchange, the transaction supports AIX’s
objective of advancing Islamic finance in the region and broadening
financing opportunities for issuers across Central Asia.
AIX CEO Assel Mukazhanova said the listing marked an important
milestone in the development of regional capital markets and
Islamic finance.
“The issuance of Sukuk by Alif Moliya on AIX represents an
important milestone in the development of regional capital markets
and Islamic finance. It demonstrates the potential for cross-border
cooperation and provides an additional avenue for issuers to access
capital through our platform. We look forward to supporting further
transactions that broaden financing opportunities and strengthen
the region’s capital markets,” she said.
The issuance is aligned with AIX’s roadmap for the further
development of the Islamic capital market, presented at the third
meeting of the Islamic Finance Advisory Board (IFAB) during Astana
Finance Days 2026.
The roadmap focuses on strengthening the sukuk pipeline,
attracting issuers and investors, exploring cross-listing
opportunities and further developing market infrastructure.
AIX was established in 2017 as part of the development of the
Astana International Financial Centre (AIFC). Its shareholders are
the AIFC, Shanghai Stock Exchange, Silk Road Fund and Nasdaq. The
exchange operates within a regulatory framework based on the
principles of English law, providing an investment environment
based on those principles.
The AIFC is an independent jurisdiction connecting investors and
businesses with opportunities in Kazakhstan and Central Asia in a
transparent and sustainable environment underpinned by the
principles of English common law.
