Outside Publication

Islamic Finance in Russia: Recent Developments, Islamic Finance News

August 2015 (Vol 12, Issue 34)

Western markets are effectively closed for most Russian companies because of the European and American sanctions imposed due to the Ukrainian crisis, so the Russian government and Russian companies have been actively exploring alternative methods of accessing financing. Grigory Marinichev and Alexey Chertov provide an overview of recent developments in the Russian Islamic finance space.

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