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FOREIGN STOCK EXCHANGE

April 2012 - Finance. Legal Developments by SIGNUM Law Firm.

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Hereby we inform you Article 22-1 of Law of the Republic of Kazakhstan No. 461-II dated 2 July 2003 "On securities market" was amended effective from 1 February 2012.

Kazakhstan Introduces Islamic Finance Law

June 2009 - Finance. Legal Developments by Baker & McKenzie.

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Kazakhstan has promulgated a new law, the Islamic Finance Law,1 intended to broaden the range of finance options available to Kazakhstani companies and to provide a legal framework for Islamic finance in Kazakhstan.