First steps towards islamic finance regulation in the Russian Federation
Other Title(s)
الخطوات الأولى نحو تقنين التمويل الإسلامي في روسيا الاتحادية
Author
Source
Journal of King Abdulaziz University : Islamic Economics
Issue
Vol. 29, Issue 1 (31 Jan. 2016), pp.127-138, 12 p.
Publisher
King Abdulaziz University Scientific Publishing Center
Publication Date
2016-01-31
Country of Publication
Saudi Arabia
No. of Pages
12
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
- Banks
- Economics
- Financial institutions
- Islam
- Financing
- Russia
- Religious aspects
- Banking
- Financial services industry
- Islamic Banks
Abstract EN
Until recently, Islamic Finance was considered to be mostly a theoretical issue for the Russian economy, although there were some attempts to institute Islamic financial services in different regions of the country.
However, in 2014-2015 the situation has changed and issues of Islamic finance regulation began to be revised by Russian authorities.
This paper aims at investigating the economic and legislative background for Islamic finance development in Russia and shedding light on the possible solutions for appropriate changes to financial and banking legislation so that Islamic finance can be successfully integrated into the Russian economy.
To meet these objectives, the history of the development of Islamic financial institutions in Russia was overviewed and the experiences of other countries that have already implemented Islamic financial instruments in their financial system under the “conventional plus” system were revised
American Psychological Association (APA)
Gabbasova, Rezeda. 2016. First steps towards islamic finance regulation in the Russian Federation. Journal of King Abdulaziz University : Islamic Economics،Vol. 29, no. 1, pp.127-138.
https://search.emarefa.net/detail/BIM-667966
Modern Language Association (MLA)
Gabbasova, Rezeda. First steps towards islamic finance regulation in the Russian Federation. Journal of King Abdulaziz University : Islamic Economics Vol. 29, no. 1 (Jan. 2016), pp.127-138.
https://search.emarefa.net/detail/BIM-667966
American Medical Association (AMA)
Gabbasova, Rezeda. First steps towards islamic finance regulation in the Russian Federation. Journal of King Abdulaziz University : Islamic Economics. 2016. Vol. 29, no. 1, pp.127-138.
https://search.emarefa.net/detail/BIM-667966
Data Type
Journal Articles
Language
English
Notes
Includes appendix : p. 138
Record ID
BIM-667966