"And unto each We have appointed heirs of that which parents and near kindred leave;
and as for those with whom your right hands have made a covenant,
give them their due. Lo! Allah is ever Witness over all things"
Quran 4:33
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Poll of the month
What in your opinion are the main obstacles for Islamic Finance development in Russia?
Unfriendly legislation
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News

International Investment Forum "Strategy of Cooperation between Russia and the Member-states of the Organization of Islamic Cooperation"
02.02.2012 Islamic Finance, Events
International Investment Forum "Strategy of Cooperation between Russia and the Member-states of the Organization of Islamic Cooperation"

 
06.10.2011 Welcome to the International Conference in the Financial University
14.09.2011 Turkey's Islamic banks could continue their recent strong growth if they can cultivate stronger ties with their international owners and create a sustainable brand image
14.09.2011 AK BARS Bank successfully closed the debut in CIS 1-year syndicated Murabaha financing for the total amount of $60M
07.09.2011 “Amal” finance house and the "Yumart-finance and co." limited partnership declared their merger and consolidation of assets
03.08.2011 Not everything that is interest-free is Sharia-compliant
15.07.2011 Bank AlJazeera and Etiqa have been recognized as best takaful companies of the year
28.06.2011 A joint investment fund of Kyrgyzstan and Kazakhstan worth 100 million dollars was established

Video

Bloomberg: Shaping Islamic Finance Globally Islamic Microfinance company in Russia (Arabic) Russia Today about Islamic Banking Dr. Nedal Alchaar in an interview to Euromoney Rusiya Alyaum: Prospects of Islamic Economy
Bloomberg: Shaping Islamic Finance Globally Islamic Microfinance company in Russia (Arabic) Russia Today about Islamic Banking Dr. Nedal Alchaar in an interview to Euromoney Rusiya Alyaum: Prospects of Islamic Economy

Latest publications

The Ak Bars Bank debut islamic syndication

Western debt crisis spurs growth of Islamic Finance
Dr. Alberto Brugnoni: "This transaction would never have happened if so many people from different cultures and coming from diverse walks of life had not contributed to the final output"
08.12.2011
 Dr. Alberto Brugnoni: "This transaction would never have happened if so many people from different cultures and coming from diverse walks of life had not contributed to the final output"
Chicago native Mariam Khan never considered Islamic banking until her husband moved the family to Dubai in 2007
02.12.2011
 Chicago native Mariam Khan never considered Islamic banking until her husband moved the family to Dubai in 2007

Memo for Moscow Halal Expo 2011 visitors

First Russian Sukuk Sales Planned This Year: Islamic Finance
The Second Moscow International Exhibition of Halal products - Moscow Halal Expo 2011 will be held in Moscow in Crocus Expo from May, 26th to 28th
20.05.2011
 The Second Moscow International Exhibition of Halal products - Moscow Halal Expo 2011 will be held in Moscow in Crocus Expo from May, 26th to 28th
VTB Group and OAO Gazprombank are vying to become the first Russian borrowers to sell Islamic debt in a bid to attract Middle Eastern investment
04.05.2011
 VTB Group and OAO Gazprombank are vying to become the first Russian borrowers to sell Islamic debt in a bid to attract Middle Eastern investment

Banks Set Sights on Islamic Bond Market

Current state of development of Islamic finance in Russia. Opportunities and issues to consider for investors
Indonesia - VTB Group and Gazprombank are vying to become the first Russian borrowers to sell Islamic debt in a bid to attract Middle Eastern investment
30.04.2011
 Indonesia - VTB Group and Gazprombank are vying to become the first Russian borrowers to sell Islamic debt in a bid to attract Middle Eastern investment
The article of Roustam Vakhitov and Madina Kalimullina was published in the newspaper Islamic Finance News
28.04.2011
 The article of Roustam Vakhitov and Madina Kalimullina was published in the newspaper Islamic Finance News

Interview with Madina Kalimullina, Director of Economic Department of Russia Muftis Council

Business Opportunities in Halal Industry in Russia
One of the catalysts for the development of Islamic finance in Russia is a large and growing annual platform of Moscow International Halal Exhibition or simply Moscow Halal Expo
25.04.2011
 One of the catalysts for the development of Islamic finance in Russia is a large and growing annual platform of Moscow International Halal Exhibition or simply Moscow Halal Expo
Speech by Madina Kalimullina, Director of Economic Department of Russia Muftis Council at the round table of the World Islamic Economic Forum in Moscow, April 2011
22.04.2011
 Speech by Madina Kalimullina, Director of Economic Department of Russia Muftis Council at the round table of the World Islamic Economic Forum in Moscow, April 2011

Madina Kalimullina. UK: Islamic finance without privilege

Will dawn of new year take Islamic finance to next level?
United Kingdom - one of the first countries which introduced legislative amendments to create the conditions for the formation of the Islamic financial infrastructure...
18.04.2011
 United Kingdom - one of the first countries which introduced legislative amendments to create the conditions for the formation of the Islamic financial infrastructure...
The dawn of the new year could either signify more of the same as in the last year or a leap toward the first steps to taking the global Islamic finance industry to the next level
08.02.2011
 The dawn of the new year could either signify more of the same as in the last year or a leap toward the first steps to taking the global Islamic finance industry to the next level
Announces



Prayer times
Fajr7:23
Shuruk9:17
Zhuhr13:44
Asr15:44
Magrib18:11
Isha19:58
*for Moscow 2012-02-05




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