A new company, Al-Amanah Islamic Bank, has been registered at the Astana International Financial Centre (AIFC). Finagroup Holding LLC is the sole shareholder, with the authorized capital set at $10 million.
The registration record was published in the regulator’s public registry on August 21, 2026. Nargiza Khudabayeva has been appointed CEO and director. Maxim Poletaev and Mirlan Taimurzayev also joined the board of directors.
According to its stated profile, Al-Amanah Islamic Bank plans to operate as a full-cycle Islamic bank exclusively in the corporate segment. Services will be available only to professional clients and market counterparties. The list of planned operations includes raising funds through deposits (Qard, Wakala UPSIA) and financing based on Murabaha and Tawarruq principles. Additionally, the bank intends to conduct cross-border trade settlements and spot foreign exchange transactions.
The current registry status confirms the creation of a legal entity in the form of a Private Company. To actually launch banking operations, Al-Amanah Islamic Bank must obtain the appropriate license from the Astana Financial Services Authority (AFSA). Finteqstan previously reported that the regulator continues to adjust its infrastructure for alternative finance, including issuing the first license for agricultural asset tokenization.
Opting out of retail in favor of professional clients indicates the bank plans to use the AIFC jurisdiction primarily to structure large cross-border deals.