RUSSIA ISLAMIC FINANCE

RUSSIA ISLAMIC LOAN

RUSSIA ISLAMIC BANK ISLAMIC FINANCE HALAL LOAN

In Russia, an Islamic loan is by definition a credit facility which is provided by a Russian Islamic bank or a Russian Islamic lender and dedicated to Russian Muslim and non-Muslim consumers or Russian entrepreneurs.

In Russia, an Islamic loan has the objective to respond to a large demand of funding of a large community of Muslims in Russia who are looking for halal lenders in order to comply with the Sharia rules.

In Russia, Islamic finance is still shy in terms of halal funding options, however some Russian banks have started to open an Islamic window to their bank services including Russian Islamic mortgage, Russian Islamic business loan or Russian Islamic credit card.

In Russia, Islamic bank will follow the principles of Islamic finance which is traditionally banning interest (Riba) and all types of speculative or high risks related projects in the framework of ethical banking .

RUSSIA ONLINE SHARIA BANK

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