Tansar Islamic Bank Not Licensed by ARRFR, but Approved by AFSA

Tansar Islamic Bank, established by shareholders of the Tansar financial group, has not applied for a banking license from Kazakhstan's Agency for Regulation and Development of the Financial Market (ARRFR). However, the bank has received approval from the Astana International Financial Centre's (AIFC) Financial Services Regulatory Authority (AFSA) and is in the process of obtaining its license.

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