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Islamic Finance

Islamic financial products that comply with the laws of Kazakhstan

We help structure murabaha, istisna and Islamic instalment transactions so that they comply both with the principles of Islamic finance and with the legislation of the Republic of Kazakhstan.

When to contact us

  • You are launching a halal finance product
  • You need a contractual structure for a murabaha or instalment transaction
  • A legal analysis of the product’s compliance with the law is required
  • You need an Islamic contract that will be legally binding in Kazakhstan

Fees

Islamic Finance
ServiceFee
Murabaha / Islamic instalment agreementfrom 150,000 ₸
Public offer and client agreementsfrom 150,000 ₸
Legal analysis of a product’s compliance with the laws of Kazakhstanfrom 200,000 ₸
Structuring of an Islamic financial productfrom 500,000 ₸
Drafting an Islamic contract: murabaha, ijara, mudaraba, musharaka, istisna, wakalaon request
Review of a contract for compliance with Islamic finance principles and the laws of Kazakhstanon request

Fees are shown as “from” and depend on the volume of documents, complexity and deadlines. The exact fee is fixed in the engagement agreement before work begins and does not change. State and patent fees are payable separately.

Also within this practice area

  • Financing agreements
  • Legal documentation for halal finance projects
  • Analysis of risk allocation
  • Contract law: aligning an Islamic contract with the Civil Code of Kazakhstan

What you get

  • A contractual structure for the transaction
  • An opinion on compliance with the laws of Kazakhstan
  • A complete set of client documents
  • An Islamic contract that follows Sharia principles and is enforceable under Kazakh law

How the work is organised

  1. 1

    Express assessment

    15 minutes free of charge: we listen to your situation and tell you whether you have a case.

  2. 2

    Analysis and strategy

    We review the documents, case law and risks and propose a plan and budget.

  3. 3

    Agreement

    We fix the scope, timeline and fee. No hidden extras.

  4. 4

    Work and reporting

    We keep you informed at every stage until the final result.

Questions and answers

Will an Islamic contract be legally binding in Kazakhstan?

Yes, if it is drafted in line with the civil legislation of Kazakhstan and the rules on Islamic finance. We word the terms so that they comply both with Sharia principles and with Kazakh law, and can be enforced in court.

Shall we discuss your matter?

Free express assessment — 15 minutes, no obligation.

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