Islamic financing in banks increased by 91.5%. The largest volumes were in mortgages.

Наталья Маркова Exclusive
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- As of October 31, the amount of financing conducted in accordance with Islamic principles in the banking system has increased to 17.3 billion soms, significantly exceeding the level of 9 billion soms at the end of 2024. This data is provided by the National Bank of Kyrgyzstan.

Leading positions in volume are held by mortgage loans, which amounted to 6.6 billion soms (an increase of 105.1%), as well as consumer financing, which reached 4.2 billion soms (+161.9%).

In the agricultural sector, the volume of Islamic financing amounted to 2.1 billion soms (+59.5%). In the construction industry, it reached 0.8 billion soms (+64.7%), in trade — 1.1 billion soms (+13.9%), and in industry — 0.3 billion soms (+0.5%). For other purposes, 2 billion soms were allocated (+97.9%).

The total volume of overdue Islamic financing amounted to 0.3 billion soms, which is 1.7% of the total volume. Since the beginning of the year, this amount has decreased by 0.1 billion soms (a reduction of 18%).
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