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Scientific journal “Vestnik NSUEM”

2019 year, number 3

PROBLEMS OF ISLAMIC BANKING DEVELOPMENT IN RUSSIA

T.A. Tyuleneva1, R.Sh. Takhtaeva2, M.B. Moldazhanov2
1T.F. Gorbachev Kuzbass State Technical University, Kemerovo, Russian Federation
2Kazakh Humanitarian and Law Innovative University, Nur-Sultan, Republic of Kazakhstan
Keywords: исламский банкинг, исламское финансирование, финансовые инструменты, устойчивое экономическое развитие, банковский сектор, Islamic banking, Islamic Finance, financial instruments, sustainable economic development, banking sector

Abstract

The article considers the problems of introduction and development of Islamic banking instruments in Russian economy due to the presence of both economic and social and legal factors. It describes the advantages of using these financial instruments both from the point of view of ensuring sustainable economic growth and from the point of view of social development of the state. The experience of CIS countries in the implementation of Islamic banking operations is considered, and the dynamics of assets and liabilities of the leading banks of Kyrgyz Republic and Republic of Kazakhstan before and after the regulated transition to the use of these financial instruments is analyzed.