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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Main Author: I. A. Zaripov
Format: Article
Language:Russian
Published: Government of the Russian Federation, Financial University 2017-10-01
Series:Финансы: теория и практика
Subjects:
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.
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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