Business
Conference on Islamic microfinance kicks off in Kabul
The four-day conference will discuss topics related to Islamic finance in Afghanistan, microfinance, job creation, poverty reduction, and financial inclusion.
A conference focusing on Islamic microfinance under the title ‘Islamic Finance Week of Afghanistan’ got underway in Kabul on Monday.
The conference, organized by the United Nations Development Program (UNDP) has brought together representatives of Da Afghanistan Bank (DAB), the Ministry of Industry and Commerce, UNAMA, ambassadors from some countries, representatives of the private sector, commercial banks, microfinance institutions, and representatives of various other financial and banking institutions, DAB said in a statement.
The four-day conference will discuss topics related to Islamic finance in Afghanistan, microfinance, job creation, poverty reduction, and financial inclusion.
Sidiqullah Khalid, the Director General of the Governor’s Office of DAB, said that despite many challenges, the Islamic banking sector is still in a developing and stable condition.
He added that guidelines and frameworks for transitioning from conventional banking to Islamic banking, adapted to Afghanistan’s conditions, have been developed by utilizing the experiences of other Islamic countries.
According to him, the level of public trust in banks is increasing day by day, and significant steps will be taken soon in the area of financial development.
“DAB has relations with several international institutions that work in the field of Islamic finance and banking, and DAB will also utilize the standards, financial products, and training programs of these international institutions, along with the experiences of other Islamic countries, to further strengthen the Islamic banking in the country,” he said.
Khalid also stated that microfinance institutions play an important role in diversifying financial products, particularly in providing access to financial products for small businesses, agricultural growth for farmers, facilitating business opportunities for small entrepreneurs, reducing poverty levels, creating job opportunities, and overall contributing to the economic growth and development of the country.
He added that the bank has developed and finalized a framework for the regulation and supervision of this sector. Individuals in all provinces of the country who wish to provide services to the citizens through microfinance institutions can obtain a license from DAB.
Related stories:
Doha meeting on Afghanistan to focus on private sector, finance, banking, drugs: IEA

Afghanistan’s central bank chief upbeat over stable AFN

Business
Afghanistan-Kazakhstan banking ties discussed in Kabul meeting
Business
Afghanistan, Kazakhstan envoys discuss expanding trade and regional connectivity
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
Afghanistan’s Ambassador to Pakistan, Sardar Ahmad Shakeeb, has met with Kazakhstan’s Ambassador to Pakistan, Yerzhan Kistafin, to explore ways to strengthen bilateral relations and advance regional cooperation.
The two envoys exchanged views on Afghanistan–Kazakhstan ties, regional connectivity, and major infrastructure initiatives, as well as the opportunities and challenges facing regional trade. Discussions also touched on Kazakhstan’s role in promoting regional stability and other matters of mutual interest.
Ambassador Shakeeb thanked Kazakhstan for its continued support and constructive engagement with Afghanistan, particularly in efforts aimed at peace and economic development.
He expressed hope that the proposed $3 billion joint trade agreement, once finalized, would bring tangible benefits to both countries and contribute to broader regional economic integration.
Ambassador Kistafin reaffirmed Kazakhstan’s support for stability and economic growth in Afghanistan, highlighting his country’s involvement in key regional connectivity and trade projects.
He said the current security and stability situation in Afghanistan has increased Kazakhstan’s confidence in expanding regional trade and transit, and praised the efforts of the Islamic Emirate in this regard.
He also stressed the need for coordinated regional efforts to ensure lasting stability, sustainable economic development, and the smooth movement of goods and transit across the region.
Business
Mahirood Customs leads Iran’s exports to Afghanistan
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Mahirood Customs in South Khorasan province has become Iran’s main export gateway to Afghanistan, accounting for 36 percent of the country’s total exports to its eastern neighbor, Iranian officials said.
South Khorasan Governor Seyed Mohammadreza Hashemi told local media that Mahirood ranked first among Iran’s 71 active customs points during the first eight months of the current Iranian year.
More than 1.5 million tonnes of goods were exported to Afghanistan through the border crossing during this period.
Official customs figures show that Iran’s total exports to Afghanistan exceeded 4.26 million tonnes in the first eight months of the year, with Mahirood handling the largest share, Hashemi said.
He attributed the strong performance to South Khorasan’s strategic location, improved border infrastructure, effective planning, close cooperation with traders, and coordinated efforts by government agencies.
Hashemi said the expansion of exports via Mahirood Customs is contributing to economic growth, job creation, and stronger economic diplomacy for the province.
He added that continued support for exporters and streamlined customs procedures could further increase South Khorasan’s share of the Afghan market and other target markets in the future.
-
Latest News4 days agoUS delivers second batch of Afghan Black Hawk helicopters to Peru
-
Latest News3 days agoGermany speeds up admission of Afghans from Pakistan
-
Sport3 days agoIPL 2026 Auction set for Abu Dhabi with $28.6 million purse at stake
-
Business4 days agoAfghan economy posts second year of growth despite deep structural challenges
-
Latest News3 days agoAfghanistan to establish independent oil and gas authority
-
Latest News3 days agoUS intelligence chief warns of ‘direct threat’ from suspected terrorists inside the country
-
Sport4 days agoATN to broadcast ‘The Best FIFA Football Awards 2025’
-
International Sports4 days agoILT20: Jahangir powers Dubai Capitals to nine-run win over Abu Dhabi Knight Riders
