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September 28, 2025Vestnik of North-Ossetian State University

Problems and prospects of Islamic banking development in Russia

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Authors

LALarisa A. AguzarovaNorth Ossetian State UniversityAWArtem D. Walion

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Implication

Analysis highlights the impact of islamic banking on economic recovery in russia, suggesting pathways for growth.

Key Points

  • Islamic banking significantly facilitates economic recovery by financing small and medium enterprises, enhancing investments.
  • Key findings indicate that islamic financial products are increasingly relevant to Russian consumers facing economic sanctions.
  • The study employs a comprehensive analysis of the functioning of islamic financial institutions in diverse global contexts.
  • Exploring obstacles within russia's economic system, the research suggests solutions for better integration of islamic finance.

Cite This Study

Aguzarova et al. (2025) studied this question.

synapsesocial.com/papers/68d90a0641e1c178a14f651bhttps://doi.org/10.29025/1994-7720-2025-3-224-231
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Also Consider

Synapse has enriched 5 closely related papers on similar clinical questions. Consider them for comparative context:

  1. 1DEVELOPMENT OF ISLAMIC PARTNERSHIP FINANCE IN RUSSIA2025
  2. 2STATE AND PROSPECTS FOR THE DEVELOPMENT OF ISLAMIC FINANCE INSTRUMENTS (SUKUK) IN RUSSIA AND ABROAD2024 · 2 citations
  3. 3Islamic finance and its audit: theory, practice and prospects in Russia2025 · 1 citations
  4. 4On Special Aspects of the Legal Regulation of Partner Financing in Certain Constituent Entities of the Russian Federation2024
  5. 5The Potential (Role) of Russian Islamic Institutions in the Implementation of the Foreign Policy of the Russian Federation2025