Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


Islamic Bonds Issued In Russia
September 12, 2017 10:45


(Source: http://www.iraqiparliament.info/pages)

 Sukuk-invest company from Tatarstan issued Islamic bonds - sukuk for the first time in Russia.

The Central Bank registered the issue of bonds with a maturity of 62 days. Its volume is one million rubles. "The issue is approved by the Shariah expert," the report said.

Owners of bonds will receive non-fixed percentage, but a share in profits generated by borrowed funds when the bond is placed (sukuk-al-mudaraba). Issue of Islamic bonds is pilot and is being implemented to develop the technology for the release of such transactions, the agency said.

In May, the Deputy Chairman of the Federation Council, Yevgeny Bushmin, said that the Bank of Russia and the legislation were not ready for the spread of Islamic banking. In March, the Duma committee on the financial market recommended the lower chamber of parliament to reject a bill in the first reading that allows credit institutions to engage in commercial activities for the introduction of principles of Islamic banking.


Sources: http://lenta.ru 

Author: Anna Dorozhkina

Tags:      

Next Previous

You might also find interesting:

The Number Of Banks In Russia May be Decreased From 600 to 300 Russia - China Trade Turnover Grows New real-estate tax on luxurious apartments Yandex Plans IPO on Nasdaq Vekselberg to Redevelop ZIL Plant





comments powered by Disqus




Comment on our site


RSS   twitter   facebook   submit

Bookmark and Share

Russian Parliament in Action

search on the map
TAGS:
Russian children  St. Petersburg  Tourist routes  Murmansk  Mercedes-Benz Fashion Week Russia  Russian business  Russian history  Klyuchevskoy Volcano  Ignitor  Salekhard  scientific research  Khalaktyrsky Beach   Design  Tyva  Russian Literature  Russian courts  Russian Actresses  Vyacheslav Sysoev  Russian Poets  Natalya Pavlova  Russia-USA  Russian Rock  Krasnoyarsk International Music Festival of the Pacific Rim  anniversary  Museum of Russian Impressionism  Electronic Music  Yeisk  odd news  WORLDLOPPET  Archeology  VTB  Exhibitions in Moscow  Tbilisi  Russian laws  Moscow  Vyacheslav Butusov  Russian tourism  Yamal-Europe pipeline  Graffiti  Painting  Steven Seagal  Moscow airports  Russian Cinema  the Bolshoi Theatre  Stavropol region  Photography  Valery Gergiev  North Pole cruises  Orthodox Church  Yekaterinburg 


Travel Blogs
Top Traveling Sites