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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.

KazanSummit 2015 – 746 participants from 45 countries

12.06.2015

Three days left to the start of the main platform for economic interaction of the Russian Federation and OIC countries of the Islamic world – KazanSummit 2015!
KazanSummit 2015 – 746 participants from 45 countries
For participation in the VII International economic summit of Russia and OIC countries have registered 746 people from 45 countries: Russia, Saudi Arabia, Turkmenistan, Egypt, Turkey, Pakistan, UAE, Somalia, Kazakhstan, Iran, Malaysia, UK, Luxembourg, Italy, Morocco, Palestine, Tajikistan, Mauritius, Qatar, the Netherlands, Latvia, Azerbaijan, Nigeria, Brunei-Darussalam, Algeria, Indonesia, Korea, Zambia, Iraq, China, South Africa, Uzbekistan, Kyrgyzstan, India, Georgia, Yemen, the Philippines, Jordan, Afghanistan, Bangladesh, Lebanon, Switzerland, Macedonia, Hungary, Bahrain.

In KazanSummit 2015, there will be 133 participants from the regions of Russia and 267 participants from the Republic of Tatarstan. 113 representatives of foreign countries will come to the summit. 139 participants represent youth wing of the OIC countries. 94 representatives of mass media from Russia, Switzerland, Lebanon, Jordan, and the UK will cover the work of the VII International economic summit of Russia and OIC countries.

VII International economic summit of Russia and OIC countries – KazanSummit 2015 will be held in June 15-16th in Korston Kazan hotel trade and entertainment complex. The main organizer of an annual KazanSummit is the Islamic Business and Finance Development Fund (IBFD Fund) – center for Islamic business and finance competence. The golden partner of KazanSummit 2015 is TATNEFT, one of the largest Russian oil companies, being an internationally recognized vertically integrated holding. The leading Russian bank – Vneshprombank is the silver partner of the summit. The International partner of KazanSummit 2015 is the Islamic Development Bank (IDB). The Islamic Development Bank Group Business Forum (THIQAH), established by IDB, Islamic World Entrepreneurs Network (ISWEN), the Organization of Islamic cooperation (OIC) are partners of KazanSummit 2015 on the international level. Insurance partner of KazanSummit 2015 – one of the leading integrated suppliers of insurance and financial services in the world – Allianz.

The International economic summit of Russia and OIC countries is being organized by IBFD Fund and supported by the Federation Council of the Russian Federation, Tatarstan government, and the Association of the regional investment agencies of Russia. ISLAMIC FINANCE FOR CONSTRUCTIVE GLOBAL TRADE AND INVESTMENT is the main theme of the event.

Within seven years, the summit has passed the way from a conference on Islamic Finance to a large-scaled international economic summit, which contributes to the strengthening of international relations of Russia. KazanSummit is attended by the key market players, both Russian and foreign financial institutions, international regulators in the field of Islamic Finance, heads of state corporations and large businesses.

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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.

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