AK BARS Bank, Kazan 2010
Islamic Finance Business Plan
The advisory services aimed to develop financial instruments and activities in accordance with Islamic financial principles for one of the largest Russian banks based in Tatarstan. The remit included the preparation of:
- a Concept Paper with indications of the main opportunities and instruments to raise Shariah compliant finance, the key stages, the relevant internal adjustments needed by the bank, operational schemes and limitations for the allocation of raised finance
- a Strategic Report highlighting the project plan for further actions for development of Islamic banking in the Russian Federation
- a Terms Sheet and related documentation for raising Shariah compliant syndicated finance and the scouting of possible investors
- an effective communication policy with the use of new tools and methods for the profiling of the bank in the Muslim world
The deliverables included:
- Concept Paper
- Taking Ak Bars Bank to the Islamic Capital Markets
- Islamic Capital Market Players Grouped by Relevant Hubs
- Video clip based on the principles of narratology
- Setting up Islamic finance events in the major world financial hubs
- Publications of articles in dailies and magazines
- Development of a prospectus for raising syndicated finance
- Strategic Report
- Terms Sheet and related documentation
- Road Show