FEATURES OF PARTNERSHIP FINANCING AND IMPLEMENTATION IN THE RUSSIAN FEDERATION
Today, there is an increased interest in a new type of capital management in the international economic space, and in particular in the domestic economy, which has been called Islamic finance or partnership financing. The relevance of this work lies in the fact that the alternative approach to money has demonstrated stable growth, despite the past crises. Islamic banking is a rapidly developing sector of the global financial system, attracting the attention of not only Muslim countries, but also states of the traditional banking system. The article discusses in detail the principles and concepts of Islamic finance, which are based on Sharia norms. Special attention is paid to key financial instruments such as murabaha, ijara, musharaka, etc. Their difference from traditional banking products is analyzed, as well as their adaptation to modern economic realities. The article examines the advantages and challenges of Islamic banking in Russia under the conditions of sanctions restrictions, as well as its impact on the domestic economy. In conclusion, it is concluded that the increasing role of Islamic banking in the country's financial system and its potential for sustainable economic development.
Authors
- Yulia N. Kovalenko
- Maria V. Golysheva
Publication Details
- Journal
- EKONOMIKA I UPRAVLENIE PROBLEMY RESHENIYA
- Published
- 2025-01-01
- DOI
- https://doi.org/10.36871/ek.up.p.r.2025.05.06.019
- Primary Topic
- Economic and Technological Developments in Russia
- Type
- article
- Field-Weighted Citation Impact
- 0.00