The Use of Infrastructure of Partner (Islamic) Finance Institutions to Build Mechanism of Raising Investment of Islamic Investors to Russian Projects

The article studies issues of using alternative finance solutions, in particular, partner finance institutions to implement various Russian projects in the context of limited access of Russian business-structures to western finance markets. The article shows preconditions of developing Islamic finan...

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Main Authors: Karim Mousa Almawajdeh Waheeb, I. A. Zaripov
Format: Article
Language:Russian
Published: Plekhanov Russian University of Economics 2025-05-01
Series:Вестник Российского экономического университета имени Г. В. Плеханова
Subjects:
Online Access:https://vest.rea.ru/jour/article/view/2302
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author Karim Mousa Almawajdeh Waheeb
I. A. Zaripov
author_facet Karim Mousa Almawajdeh Waheeb
I. A. Zaripov
author_sort Karim Mousa Almawajdeh Waheeb
collection DOAJ
description The article studies issues of using alternative finance solutions, in particular, partner finance institutions to implement various Russian projects in the context of limited access of Russian business-structures to western finance markets. The article shows preconditions of developing Islamic finance institutions in Russian practice and grounds lines of development of investment cooperation of Russia and Islamic countries of the Middle East and South-East Asia within the frames of using infrastructure of partner finance institutions. Methodological tools of the research include analysis of public factual account concerning the development of Islamic finance and functioning of Islamic finance institutions in Russia. The research showed that today Russia possesses potential for the development of Islamic finance, however, this market has not reached full-scale extension on the territory of Russia due to certain facts hindering the development of Islamic finance infrastructure. It is obvious that to allow Islamic investors with their capital to enter Russian market it is necessary to create efficiently functioning conditions within the frames of legislative base, taxation system, organizational infrastructure and system of foreign investment protection. These conditions shall be provided by Russia in the near future. In view of promoting mechanisms of partner financing a special role shall be played by experiment of testing partner (Islamic) finance in Russia aimed at supporting energetic development of tools of partner financing for legal entities and individuals, creating infrastructure for Islamic finance institution functioning and raising Islamic investment capital.
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series Вестник Российского экономического университета имени Г. В. Плеханова
spelling doaj-art-86acb5ad4c5b41cf8b97afa4840e21372025-08-20T02:53:22ZrusPlekhanov Russian University of EconomicsВестник Российского экономического университета имени Г. В. Плеханова2413-28292587-92512025-05-010313214310.21686/2413-2829-2025-3-132-1431378The Use of Infrastructure of Partner (Islamic) Finance Institutions to Build Mechanism of Raising Investment of Islamic Investors to Russian ProjectsKarim Mousa Almawajdeh Waheeb0I. A. Zaripov1Plekhanov Russian University of EconomicsPlekhanov Russian University of EconomicsThe article studies issues of using alternative finance solutions, in particular, partner finance institutions to implement various Russian projects in the context of limited access of Russian business-structures to western finance markets. The article shows preconditions of developing Islamic finance institutions in Russian practice and grounds lines of development of investment cooperation of Russia and Islamic countries of the Middle East and South-East Asia within the frames of using infrastructure of partner finance institutions. Methodological tools of the research include analysis of public factual account concerning the development of Islamic finance and functioning of Islamic finance institutions in Russia. The research showed that today Russia possesses potential for the development of Islamic finance, however, this market has not reached full-scale extension on the territory of Russia due to certain facts hindering the development of Islamic finance infrastructure. It is obvious that to allow Islamic investors with their capital to enter Russian market it is necessary to create efficiently functioning conditions within the frames of legislative base, taxation system, organizational infrastructure and system of foreign investment protection. These conditions shall be provided by Russia in the near future. In view of promoting mechanisms of partner financing a special role shall be played by experiment of testing partner (Islamic) finance in Russia aimed at supporting energetic development of tools of partner financing for legal entities and individuals, creating infrastructure for Islamic finance institution functioning and raising Islamic investment capital.https://vest.rea.ru/jour/article/view/2302islamic finance modelislamic finance institutionsfinance toolsshariafriendly countriessanctions
spellingShingle Karim Mousa Almawajdeh Waheeb
I. A. Zaripov
The Use of Infrastructure of Partner (Islamic) Finance Institutions to Build Mechanism of Raising Investment of Islamic Investors to Russian Projects
Вестник Российского экономического университета имени Г. В. Плеханова
islamic finance model
islamic finance institutions
finance tools
sharia
friendly countries
sanctions
title The Use of Infrastructure of Partner (Islamic) Finance Institutions to Build Mechanism of Raising Investment of Islamic Investors to Russian Projects
title_full The Use of Infrastructure of Partner (Islamic) Finance Institutions to Build Mechanism of Raising Investment of Islamic Investors to Russian Projects
title_fullStr The Use of Infrastructure of Partner (Islamic) Finance Institutions to Build Mechanism of Raising Investment of Islamic Investors to Russian Projects
title_full_unstemmed The Use of Infrastructure of Partner (Islamic) Finance Institutions to Build Mechanism of Raising Investment of Islamic Investors to Russian Projects
title_short The Use of Infrastructure of Partner (Islamic) Finance Institutions to Build Mechanism of Raising Investment of Islamic Investors to Russian Projects
title_sort use of infrastructure of partner islamic finance institutions to build mechanism of raising investment of islamic investors to russian projects
topic islamic finance model
islamic finance institutions
finance tools
sharia
friendly countries
sanctions
url https://vest.rea.ru/jour/article/view/2302
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