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Uzbekistan’s ‘Aloqabank’ and the Islamic Corporation for the Development of the Private Sector on the ‘Murobaha’ instrument of Islamic financing on November 3 inked an agreement worth $30mn.

In addition, ‘Mikrokreditbank’ and the Islamic Corporation for the Development of the Private Sector reached a cooperation agreement on a credit line for small businesses and private sector financing worth $30mn.

Also, the list of basic conditions for the trade financing line between ‘The Silk Road’ and the International Islamic Trade Finance Corporation worth $15mn was approved.

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