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CHARACTERISTICS OF ISLAMIC BANKING SYSTEM AND POSSIBILITIES OF THE APPLICATION OF ISLAMIC BANKING INSTRUMENTS IN RUSSIA
Journal: Synergy of Science (Vol.16, No. 1)Publication Date: 2017-10-31
Authors : Kosikhina O.P. Koghenova A.A.;
Page : 0-0
Keywords : Islamic banks; interest-free economic system; integration of Muslim practical experiences.;
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Abstract
Characteristics of Islamic banking and stages of its establishment are examined in this article. It gives the description of the negative effect of bank interest. Conclusions about development prospects in the sphere of Islamic banks are made.
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Last modified: 2017-10-27 17:40:24