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Islamic Finance Briefing - Categorized | Finance, Islamic Law / Economics, Market Moves more

Mufti calls Russia to extend Islamic financing system

Posted on 19 March 2009

From Interfax-religion.com: Chairman of Russia’s Mufti Council Ravil Gaynutdin considers the Islam financial system as an efficient alternative option to the world financial system and hopes to expand it within Russia.

“We believe that with the help of God, Russia with its enormous economic and scientific potential and a large share of Muslim population, and the role which this country enjoys being part of the Islamic world, will efficiently and reasonably use the potential of Islamic financing instruments which now are attracting considerable interest of both scientific and business circles,” Mufti Gaynutdin said…. Full Article: Source

 
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