Homepage | About us | Advertise | Partners | Feedback Contacts | Русская версия Русский
Islamic-Finance.ru - Information and Analytics on Islamic Business and Finance in Russia Islamic-Finance.ru - Information and Analytics on Islamic Business and Finance in Russia Islamic-Finance.ru - Information and Analytics on Islamic Business and Finance in Russia

Latest News

07.02.2017

GCC VAT a test for Islamic Finance- Fitch


30.01.2017

Goldmoney adds Shariah-compliant methods to boost investment from Islamic markets


31.03.2016

Path Solutions joins CIBAFI, the world renown General Council for Islamic Banks and Financial Institutions


28.03.2016

"Kazakhstan Islamic Finance 2016: a new frontier for Islamic finance" country report


19.02.2016

Azerbaijan looks to new Islamic bank as sector rules progress


15.01.2016

Linar Yakupov received an award for his contribution to the development of Islamic finance industry in Russia


14.12.2015

The 2nd International winter school of Islamic law and economics has started in Kazan


09.12.2015

Russian financial experts are exploring options to launch Islamic Banking


IBFD Fund

Recent Comments

22.06.2016

Islamic banking will be most relevant to SME sector: Zafar Sareshwala

Interview with director and head of Islamic Corporation for Development's (ICD) India operations.

25.11.2015

Islamic Develop Bank calls for new Islamic microfinance structures

As the Shariah-compliant Islamic finance sector booms in the GCC region, the President of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali, asked experts in the field to develop new Islamic microfinance structures.

14.09.2015

Dubai Silicon Oasis Authority and Thomson Reuters Reveal Key Findings of Digital Islamic Economy Report 2015

Dubai Silicon Oasis Authority (DSOA) and Thomson Reuters, with support from the Dubai Islamic Economy Development Centre (DIEDC) released the 'Digital Islamic Economy Report' for 2015, in collaboration with DinarStandard.

Islamic finance in Russia: "Society is ready, Law allows", experts believe

20.04.2010

Public consultations on the topic "Development of alternative forms of small business financing with the help of Islamic economic model" took place in Kazan. The participants concurred that Islamic credit forms based on profit-and-loss sharing may be very useful for small business development.
Islamic finance in Russia: "Society is ready, Law allows", experts believe
Public consultations on the topic "Development of alternative forms of small business financing with the help of Islamic economic model" took place in Kazan. The participants concurred that Islamic credit forms based on profit-and-loss sharing may be very useful for small business development.

Among the partakers of the public consultations in the Chamber of commerce and industry in Tatarstan there were members of the Public Chamber of Tatarstan, representatives of the regional Ministry of finance and economic affairs, small and middle-size business owners, and representatives of those companies, whose objective is to promote Islamic economic models.

Credit consumer cooperative "Amanat", "Ansar. Finance technologies" company, and the main principles of Islamic finance institutes were discussed during the meeting.

"The participants thought at first that Islamic economic model refers to some kind of a mental realm. But as it was explained in the theoretical introduction, Islamic finance is a form of financial activity, which includes sustainable development, and can be helpful to small and middle-scale business owners, disappointed in traditional forms of bank lending", - said Vladimir Karpeyev, Vice-president of the Association of small and medium-scale enterprises in Tatarstan.

"Russian society is ready to use Islamic finance instruments, and our law allows doing that. In theory, any form of organization without fixed profit ratio can work according to the Islamic economic model", Karpeyev summarized.

The participants are going to apply to legislative and executive authorities suggesting to develop credit forms in accordance to the Islamic economic model.

Islamic-Finance.ru based on materials of IslamRF

Latest News

Editor's Column

Follow ISLAMIC-FINANCE on Twitter

Analytics

Malaysia's fast-growing Islamic finance sector benefits not only the Muslim world but also non-Muslim countries, said former Prime Minister Tun Abdullah Ahmad Badawi.

News in RSS format

Islamic-Finance.RU in RSS format
© IBFD Fund, 2009-2017. Developed by Linova-MEDIA. Хостинг от uCoz. Design by WebRT