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ORDER OF THE MINISTER OF NATIONAL ECONOMY OF THE REPUBLIC OF KAZAKHSTAN

of April 29, 2019 No. 32

About approval of form of the Agreement of subsidizing on Islamic financing

According to the order of the Government of the Republic of Kazakhstan of April 19, 2016 No. 234 "About some measures of the state support of private entrepreneurship" PRIKAZYVAYU:

1. Approve the enclosed form of the Agreement of subsidizing on Islamic financing.

2. Recognize invalid:

1) the order of the Minister of national economy of the Republic of Kazakhstan of December 8, 2015 No. 756 "About approval of form of the Agreement of subsidizing on Islamic financing within the Single program of support and business development "The road map of business of 2020" (it is registered in the Register of state registration of regulatory legal acts for No. 12821, it is published in information system of law of Ad_let on January 18, 2016);

2) the order of the Minister of national economy of the Republic of Kazakhstan of August 3, 2016 No. 360 "About introduction of amendments to the order of the Minister of national economy of the Republic of Kazakhstan of December 8, 2015 No. 756 "About approval of form of the Agreement of subsidizing on Islamic financing" (it is registered in the Register of state registration of regulatory legal acts for No. 14200, it is published in information system of law of Ad_let on September 16, 2016).

3. To provide to department of the state support of entrepreneurship in the procedure established by the legislation:

1) state registration of this order in the Ministry of Justice of the Republic of Kazakhstan;

2) within ten calendar days from the date of state registration of this order in the Ministry of Justice of the Republic of Kazakhstan the direction it in the Kazakh and Russian languages in the Republican state company on the right of economic maintaining "The republican center of legal information" for official publication and inclusion in Reference control bank of regulatory legal acts of the Republic of Kazakhstan;

3) placement of this order on Internet resource of the Ministry of national economy of the Republic of Kazakhstan;

4) within ten working days after state registration of this order in the Ministry of Justice of the Republic of Kazakhstan submission to Legal department of the Ministry of national economy of the Republic of Kazakhstan of data on execution of the actions provided by subitems 1), 2) and 3) of this Item.

4. To impose control of execution of this order on the supervising vice-minister of national economy of the Republic of Kazakhstan.

5. This order becomes effective after ten calendar days after day of its first official publication.

Minister of national economy of the Republic of Kazakhstan

R. Dalenov

Approved by the Order of the Minister of national economy of the Republic of Kazakhstan of April 29, 2019, No. 32

Form

The agreement of subsidizing on Islamic financing No. _________

___________                                                                      "___" ___________ 20 ___.

Joint-stock company "Fund of development of entrepreneurship "Lady" on behalf of _____________________, acting on the basis of the ______________________, the hereinafter referred to as "financial agency", on the one hand, and

"Islamic Bank (Islamic Leasing Company ___________)" joint-stock company on behalf of _________________, acting on the basis of the ________________, hereinafter referred to as "Islamic bank (Islamic leasing company)", on the other hand

and _________________ on behalf of ______________________, acting on the basis of the ____________________, hereinafter referred to as "Receiver", the "Parties" which jointly are referred to as, and separately "Party" or as it is stated above, signed this Agreement of subsidizing on Islamic financing (further - the Agreement) as follows:

Chapter 1. General provisions

1. The bases for the conclusion of this Agreement are:

1) the State program of support and business development the "Road map of business of 2020" approved by the order of the Government of the Republic of Kazakhstan of August 25, 2018 No. 522 (further - the Program);

2) Rules of subsidizing of part of markup on goods and parts of the lease payment constituting the income of Islamic banks when financing of subjects of private entrepreneurship by Islamic banks within the Program (further - Rules on Islamic financing);

3) the Protocol from ____________ 20 ___ years No. _______ meetings of authorized body of the financial agency.

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