Issuance of a license for conducting banking and other operations carried out by Islamic banks, branches of Islamic non-resident banks of the Republic of Kazakhstan

How to get online service (on the portal “electronic licensing” www.elicense.kz)

1. Click the "Request online" button on this page, after that the portal of "electronic licensing" will be opened in a new window.
2. Log in or register on the "electronic licensing" portal.
3. In the service info sheet read the package of documents and click the "Order online service" button, or select the necessary subtype of activity and the "Further" button.
4. After specifying the necessary data, fill out the application and sign with your EDS.
5. You can track the status of the submitted application in the Personal Account in the section "My applications". You can find out about obtaining the permit in the section "My approved documents", about receiving a notification - in the section "My notifications".

How to get the service in a state body (required documents):

When a service recipient a resident of the Republic of Kazakhstan applies for to obtain a license to conduct banking and other operations carried out by Islamic banks, branches of Islamic banks-non-residents of the Republic of Kazakhstan:

1. Application for a license to conduct banking and other operations carried out by Islamic banks, branches of Islamic banks-non-residents of the Republic of Kazakhstan.
2. A copy of the charter of the service recipient (notary certified in case of failure to submit the originals for verification).
3. A document confirming the payment of a license fee to the budget for the right to be engaged in certain types of activities, except for cases of payment through the "electronic government" payment gateway.
4. Documents of persons proposed for positions of executive employees of an Islamic bank, in accordance with the requirements of Article 20 of the Banking Law.
5. Regulations on internal audit service, credit committee, approved by board of directors of the bank.
6. Staffing table (indicating the surnames, names and, if available, patronymics of employees).
7. Copies of documents confirming the payment of authorized capital.
8. Documents confirming the fulfillment of the requirements of paragraph 2 of Article 26 of the Banking Law.

When a branch of an Islamic bank - a non-resident of the Republic of Kazakhstan applies to obtain a license to conduct banking and other operations carried out by Islamic banks, branches of Islamic banks - non-residents of the Republic of Kazakhstan:

1. Application for a license to conduct banking and other operations carried out by Islamic banks, branches of Islamic banks-non-residents of the Republic of Kazakhstan.
2. A document confirming the payment of a license fee to the budget for the right to be engaged in certain types of activities, except for cases of payment through the "electronic government" payment gateway.
3. Documents of persons proposed for the positions of executives of a branch of a non-resident bank of the Republic of Kazakhstan, in accordance with the requirements of Article 20 of the Banking Law.
4. Staffing table (indicating the surnames, names and, if available, patronymics of employees).
5. Documents confirming the fulfillment of the requirements of paragraph 2 of Article 26 of the Banking Law.
6. A document confirming the formation of assets accepted as a reserve, in accordance with the second part of paragraph 6 of Article 42 of the Banking Law.
7. Regulations on internal audit service, credit committee, approved by board of directors of an Islamic bank - a non-resident of the Republic of Kazakhstan.

When the service recipient applies to obtain a license to conduct additional banking and other operations carried out by Islamic banks, branches of Islamic banks-non-residents of the Republic of Kazakhstan:

1. Application for a license to conduct banking and other operations carried out by Islamic banks, branches of Islamic banks-non-residents of the Republic of Kazakhstan.
2. A copy of document confirming the payment of license fee, except for cases of payment through payment gateway of "electronic government".
3. Rules on general conditions for conducting additional types of banking operations.

When the service recipient applies for obtaining a license in case of voluntary reorganization of the bank in the form of conversion into an Islamic bank:

1. Application for a license to conduct banking and other operations carried out by Islamic banks, branches of Islamic banks-non-residents of the Republic of Kazakhstan.
2. A copy of the charter of the Islamic bank, if it is not available on the Internet resource of the financial reporting depository or if it can be obtained by the service provider through the portal (notary certified if the original charter is not submitted for verification).
3. A copy of the document confirming the payment to the budget of the license fee for the right to be engaged in certain types of activities, except for cases of payment through the payment gateway of "electronic government".
4. Regulations on the Council on the Principles of Islamic Finance of the Bank.
5. Rules on the general conditions for conducting operations of an Islamic bank.
6. Rules on the internal credit policy of an Islamic bank.

When the service recipient applies to obtain a duplicate license (if the previously issued license was issued in paper form):

1. An application in any form, signed by the first head of the service recipient or a person authorized to submit the application (with supporting documents attached).
2. A copy of the document confirming the payment of the license fee for the right to be engaged in certain types of activities when issuing a duplicate license, except for cases of payment through the payment gateway of "electronic government".

The service recipient applies for license renewal:

1. Application for renewal of a license (for an Islamic bank, a branch of an Islamic bank-non-resident of the Republic of Kazakhstan).
2. Original license, in case of exclusion of one or more banking and other operations from the licensed type of activity (if the previously issued license was issued in paper form).
3. A copy of the document confirming the payment of license fee for the right to be engaged in certain types of activities when reissuing a license, except for cases of payment through the payment gateway of "electronic government".
4. Copies of documents containing information about the changes that served as the basis for reissuing a license, with the exception of documents, information from which is contained in the state information systems.