1 Al Hilal Islamic Bank
2 Gatehouse Bank
3 KAZINFORM /Damir Baimanov/
Trading
List of Islamic Banks in Kazakhstan
Published by Gbaf News
Posted on April 5, 2013
1 min read· Last updated: June 11, 2018
Key Takeaways
- Al Hilal Islamic Bank was the first Islamic bank in Kazakhstan, founded in 2010 under a UAE–Kazakh agreement.
- It operates branches in Almaty, Astana and Shymkent, offering Shariah‑compliant corporate and retail services.
- In late 2024, Al Hilal was rebranded as ADCB Islamic Bank to align with the Abu Dhabi Commercial Bank Group.
- Gatehouse Bank is a UK‑based Islamic bank and not operating in Kazakhstan, so its inclusion appears misplaced.
References
Frequently Asked Questions
Is Al Hilal Islamic Bank the only Islamic bank in Kazakhstan?
It was the first Islamic bank in Kazakhstan and CIS, and remains a leading one, though Zaman Bank also transitioned to Islamic banking later.
What is ADCB Islamic Bank?
It is the rebranded name of Al Hilal Islamic Bank since November 2024 under the Abu Dhabi Commercial Bank Group.
Does Gatehouse Bank operate in Kazakhstan?
No. Gatehouse Bank is a UK‑based Islamic bank and does not have operations in Kazakhstan.
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