Islamic Banking System: Present State and Prospects for Development

Pavel Trunin, Marina Kamenskikh and Margarita Muftiahetdinova
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Marina Kamenskikh: Gaidar Institute for Economic Policy
Margarita Muftiahetdinova: Gaidar Institute for Economic Policy

Research Paper Series, 2009, issue 122P

Abstract: The aim of this publication is to describe main principles of functioning of islamic banking system as well as the consequences for appearence of islamic financial institutions on traditional financial markets. In near future some of these institutions can appear in Russia. That is why Russian banks, nonfinancial enterprises, government bodies and population at large should be ready to this development of events and understand the consequences of this tendency for the country's economy.

Keywords: Islamic; Banking System (search for similar items in EconPapers)
JEL-codes: F33 G21 (search for similar items in EconPapers)
Date: 2009
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Citations: View citations in EconPapers (2)

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http://www.iep.ru/files/RePEc/gai/rpaper/92Trunin.pdf Revised version, 2012 (application/pdf)

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Persistent link: https://EconPapers.repec.org/RePEc:gai:rpaper:92

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