Development of Islamic Banking in Russia Based on the Example of LLC Financial House Amal


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Abstract

The article considers the development of Islamic banking in Russia using the example of the Islamic financial organization Financial House Amal. Islamic investment treaties and tools used in Financial House Amal have been analyzed. The basic concepts and tasks of the Accounting and Audit Organization for Islamic Financial Institutions (AAOIFI) have been considered. The main conclusions on the introduction of Islamic finance in Russia have been proposed.

About the authors

I. I. Garifullin

Institute of Management, Economics and Finance

Email: AADaryakin@kpfu.ru
Russian Federation, Kazan

A. A. Daryakin

Institute of Management, Economics and Finance

Author for correspondence.
Email: AADaryakin@kpfu.ru
Russian Federation, Kazan

G. M. Galeeva

Institute of Management, Economics and Finance

Email: AADaryakin@kpfu.ru
Russian Federation, Kazan

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