ISLAMIC FINANCE AS A STRATEGIC POINT FOR THE DEVELOPMENT OF RUSSIA
The paper describes the author’s view on the current political and financial challenges facing the Russian Federation, particularly aggravated by recent economic crises, falling export prices and sanctions of some Western countries. Proofs of the need to revise the concept and strategy of the countr...
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Format: | Article |
Language: | Russian |
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Government of the Russian Federation, Financial University
2017-10-01
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Series: | Финансы: теория и практика |
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Online Access: | https://financetp.fa.ru/jour/article/view/253 |
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author | I. A. Zaripov |
author_facet | I. A. Zaripov |
author_sort | I. A. Zaripov |
collection | DOAJ |
description | The paper describes the author’s view on the current political and financial challenges facing the Russian Federation, particularly aggravated by recent economic crises, falling export prices and sanctions of some Western countries. Proofs of the need to revise the concept and strategy of the country’s development as well as the basic principles used in financial interrelations are provided. The author comes to the conclusion about the urgency and need to develop alternative finance, primarily based on Islamic financial principles (conformant to the Islamic law). Islamic financial institutions, in particular, should be partners for the fast growing sector of the halal products and services production. |
first_indexed | 2024-04-10T02:39:25Z |
format | Article |
id | doaj.art-cbf9f3aed3344973945ece085a51d7a2 |
institution | Directory Open Access Journal |
issn | 2587-5671 2587-7089 |
language | Russian |
last_indexed | 2024-04-10T02:39:25Z |
publishDate | 2017-10-01 |
publisher | Government of the Russian Federation, Financial University |
record_format | Article |
series | Финансы: теория и практика |
spelling | doaj.art-cbf9f3aed3344973945ece085a51d7a22023-03-13T07:49:25ZrusGovernment of the Russian Federation, Financial UniversityФинансы: теория и практика2587-56712587-70892017-10-012019611010.26794/2587-5671-2016-20-1-96-110290ISLAMIC FINANCE AS A STRATEGIC POINT FOR THE DEVELOPMENT OF RUSSIAI. A. Zaripov0Банковская группа «ЗЕНИТ»The paper describes the author’s view on the current political and financial challenges facing the Russian Federation, particularly aggravated by recent economic crises, falling export prices and sanctions of some Western countries. Proofs of the need to revise the concept and strategy of the country’s development as well as the basic principles used in financial interrelations are provided. The author comes to the conclusion about the urgency and need to develop alternative finance, primarily based on Islamic financial principles (conformant to the Islamic law). Islamic financial institutions, in particular, should be partners for the fast growing sector of the halal products and services production.https://financetp.fa.ru/jour/article/view/253исламские финансыпересмотр парадигмы развитияфинансовая система россии |
spellingShingle | I. A. Zaripov ISLAMIC FINANCE AS A STRATEGIC POINT FOR THE DEVELOPMENT OF RUSSIA Финансы: теория и практика исламские финансы пересмотр парадигмы развития финансовая система россии |
title | ISLAMIC FINANCE AS A STRATEGIC POINT FOR THE DEVELOPMENT OF RUSSIA |
title_full | ISLAMIC FINANCE AS A STRATEGIC POINT FOR THE DEVELOPMENT OF RUSSIA |
title_fullStr | ISLAMIC FINANCE AS A STRATEGIC POINT FOR THE DEVELOPMENT OF RUSSIA |
title_full_unstemmed | ISLAMIC FINANCE AS A STRATEGIC POINT FOR THE DEVELOPMENT OF RUSSIA |
title_short | ISLAMIC FINANCE AS A STRATEGIC POINT FOR THE DEVELOPMENT OF RUSSIA |
title_sort | islamic finance as a strategic point for the development of russia |
topic | исламские финансы пересмотр парадигмы развития финансовая система россии |
url | https://financetp.fa.ru/jour/article/view/253 |
work_keys_str_mv | AT iazaripov islamicfinanceasastrategicpointforthedevelopmentofrussia |