Prospects of Development of the Industry of 'Islamic' Finance in the Russian Federation. Main Obstackless and Suggestions to Overcome Them

Перспективы развития индустрии "исламских" финансов в Российской Федерации. Основные препятствия и предложения по их преодолению

Yuri Danilov and Yandiev, Magomet (Яндиев, Магомет) ()
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Yandiev, Magomet (Яндиев, Магомет): Moscow State University - Faculty of Economics
Authors registered in the RePEc Author Service: Magomet Iandiev ()

Working Papers from Russian Presidential Academy of National Economy and Public Administration

Abstract: The paper deals with the introduction of Islamic finance model in the practice of the Russian financial market. The reasons of advancing growth of Islamic finance in the modern world, international experience on the formation of Islamic finance segments in various countries around the world, both Muslim and non-Muslim. Analyzes the main obstacles are formulated basic options to overcome them and made suggestions on the choice of the optimal variant. Estimates of the socio-economic effects of the introduction of Islamic finance in Russia.

Keywords: islam; finances; banking; Russia (search for similar items in EconPapers)
Pages: 67 pages
Date: 2016-06-28
New Economics Papers: this item is included in nep-cis, nep-sog and nep-tra
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