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Islamic Finance Briefing - Categorized | Finance, Market Moves more

Azerbaijan leads the line

Posted on 17 October 2011

With over 70m Muslims, the Commonwealth of Independent States might yet be the next frontier for Islamic finance. At present, six Muslim republics of the former Soviet Union, Azerbaijan, Kazakhstan, Uzbekistan, Turkmenistan, Kirgizstan and Tajikistan are members of the CIS.
There are also 20m indigenous Muslims in Russia, mostly concentrated in the semi-autonomous Caucasus provinces of Chechnya, Ingushetia, Dagestan, Tatarstan and Bashkortostan. ………………………………………Full Article: Source

 
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