Sberbank will open Islamic finance offices in Moscow, Tatarstan, Bashkortostan, Dagestan, Chechnya and other regions of the North Caucasian Federal District. The Islamic banking experiment officially starts in Russia today.
Qatar can share its experience with Russia in implementing Islamic banking. Among the regions where Islamic banking will be tested are Tatarstan, Bashkortostan, Dagestan and Chechnya.
Today, State Duma deputies approved in the third, final reading an Islamic banking experiment in Russia
There are great prospects for the development of Islamic banking in Uzbekistan, since most of the population is Muslim. This tool is able to attract up to $10 billion to Uzbekistan per year.
Interest rates in the Gulf have been rising quickly as central banks matched course with the US
Russian banks may start providing financial products based on the principles of Islamic banking as early as February 2023, Chairman of the State Duma Committee on the financial market Anatoly Aksakov told Izvestia. He stressed that the …
The first Russian Islamic economic forum "Russia - Guarantor of Partnership" will be held on February 27
Moscow Halal Expo international exhibition held in Russia's capital
Islamic Banking has a presence in 60 countries. The industry mushroomed to more than $1.5 trillion in assets last year from about $100 billion in the late 1990s. While it represents less than 2% of global banking assets, its share is …
Azerbaijan's Ministry of Economy has become the coordinator of development of legal framework on Islamic banking. A source close to the Islamic Development Bank (IDB) informs that in accord with the letter agreement (signed on …
Governor of the Central Bank of Iran (CBI) Valiollah Seif underlined that Iran has greatly helped to the development of the Islamic banking system by basing its financial activities on Sharia law model. "Iran has …
The 'road map' for the implementation of the Islamic banking in Russia will be implemented before the appointed time, the Deputy chairman of the Bank of Russia Alexander Torshin said during the meeting of the …
Sberbank plans pilot deals under the rules of Islamic banking in autumn 2016 in the Republic of Tatarstan. "We have to make a commitment to executive several pilot transactions in autumn," the First Deputy Chairman of the …
Russia's first center of partnership (Islamic) banking was opened today in Kazan. It will operate in full compliance with the principles of partnership funding, which are widely used in many countries of Southeast Asia and the Middle …
The head of Chechnya, Ramzan Kadyrov said today that the main topic during the talks with the leaders of the Mazcorp company, Hilal Rashid Helal Suhailom Almazroueem and Wael Saab, was the opening …
