The advisor to the Prime Minister of Tatarstan on dealing with Islamic financial institutions has received a diploma from the Advisory Board on Islamic economics and finance within National Rating Agency (NRA).

The winter school titled “Modern Islamic law and the economics of Russia” is focused on the legal aspects of forming an economic infrastructure as the basis for the further development of the Muslim community.

The feasibility study on launching of an Islamic Bank or Islamic Banking window in the Republic of Tatarstan was presented in Moscow.

The ceremonial handover of the feasibility study on opening an Islamic bank or Islamic banking window in the region took place in the Government House of the Republic of Tatarstan.

The Deputy Chairman of the Executive Board of Sberbank, in cooperation with other members of the Advisory Board, will assist to form the event’s agenda and work on the list of invited speakers, as well as to identify the most relevant topics for discussion.

A bill eliminating legislative obstacles to the commission of leasing transactions in accordance with Islamic finance was introduced to the State Duma.

The leading Russian companies consider Islamic finance as a new and effective source of capital attraction. The issue of forming a collaboration with the Middle East and Southeast Asia capital markets will be discussed at the debate seminar of the Russian finance directors’ club.

Linar Yakupov is marked out in ISLAMICA 500, the unique project of ISFIN, the largest consulting organization for the Islamic financial markets.

IFN CIS & Russia Forum, the largest international Islamic finance forum for the very first will be held in Russia.

Representatives of Islam and the Orthodox Church – Rushan Abbyasov and the archpriest Vsevolod Chaplin are the cochairmen of the commission.