{"slug": "kase-launches-new-service-for-islamic-investors", "title": "KASE launches new service for Islamic investors", "summary": "The Kazakhstan Stock Exchange (KASE) launched a new service on September 9 that lets investors check whether securities comply with Islamic finance principles, developed with fintech ecosystem Ailat. The screening process uses an AI-powered system to calculate indicators, followed by expert review and a final determination by the Sharia Supervisory Board based on AAOIFI standards. KASE CEO Adil Mukhamejanov said the initiative aims to expand Islamic finance and make the market more transparent and attractive.", "body_md": "# KASE launches new service for Islamic investors\n\nThe Kazakhstan Stock Exchange (KASE) has launched a new service allowing investors to check whether securities comply with Islamic finance principles, [Qazinform News Agency](https://qazinform.com/) reports.\n\nDeveloped in partnership with fintech ecosystem Ailat, the service became available on the KASE website on September 9, giving investors direct access to the results of securities screenings.\n\nThe screening process consists of three stages. An AI-powered system first calculates the required indicators, after which the results are reviewed by experts. The Sharia Supervisory Board then makes the final determination based on standards developed by the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI).\n\nKASE CEO Adil Mukhamejanov said the initiative is part of efforts to expand Islamic finance and create new opportunities in Kazakhstan’s capital market.\n\n“We are seeing strong interest in ethical investment from both local and international participants and are working to make our market as transparent and attractive as possible,” he said.\n\nKASE expects its partnership with Ailat to further integrate artificial intelligence into securities analysis while making it easier for investors to identify financial instruments that meet Islamic finance requirements.\n\nAilat founder Azat Otepbay said the initiative could also support the broader development of Islamic finance across Kazakhstan and Central Asia. The fintech ecosystem provides financial and technology services designed, among other things, to help users select instruments that comply with Islamic finance principles.\n\nEarlier, Kazakhstan [announced](https://qazinform.com/news/kazakhstan-to-simplify-companies-access-to-stock-market-bb633c) plans to streamline IPO preparations and shorten the bond issuance process under its 2026-2030 Capital Market Development Program.", "url": "https://wpnews.pro/news/kase-launches-new-service-for-islamic-investors", "canonical_source": "https://qazinform.com/news/kase-launches-new-service-for-islamic-investors-b5dc6a", "published_at": "2026-09-09 13:41:00+00:00", "updated_at": "2026-09-09 14:13:50.757911+00:00", "lang": "en", "topics": ["artificial-intelligence", "ai-products"], "entities": ["Kazakhstan Stock Exchange (KASE)", "Ailat", "Adil Mukhamejanov", "Azat Otepbay", "Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)"], "alternates": {"html": "https://wpnews.pro/news/kase-launches-new-service-for-islamic-investors", "markdown": "https://wpnews.pro/news/kase-launches-new-service-for-islamic-investors.md", "text": "https://wpnews.pro/news/kase-launches-new-service-for-islamic-investors.txt", "jsonld": "https://wpnews.pro/news/kase-launches-new-service-for-islamic-investors.jsonld"}}