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Category: Russia

Islamic Finance in Russia – Developments in 2010

| 14/12/2010 | Reply
Islamic Finance in Russia – Developments in 2010

The major milestones are the establishment of the Russian Association of Experts in Islamic Finance; the first Halal Expo Exhibition; publication of an authorized translation of the Accounting and Auditing Organization for Islamic Financial Institutions’ Standards of Islamic Finance Transactions; and the first Islamic finance deals on the Russian market.

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Indonesia: Russia, Indonesia to boost economic cooperation

| 20/11/2010 | Reply
Indonesia: Russia, Indonesia to boost economic cooperation

Indonesian Ambassador to Russia, Hamid Awaluddin pointed out that there had been demand from Russia’s Muslim community for Indonesian garments and packaged Halal food.

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Russia: Halal industrial park opens in Tatarstan

| 20/11/2010 | Reply
Russia: Halal industrial park opens in Tatarstan

Russia’s first halal industrial park opened on Friday in Tatarstan. Russia is the home to 20 million Muslims.

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Russia: Al Shams Capital is setting up first CIS focused Shariah compliant PE fund

| 06/06/2010 | Reply
Russia: Al Shams Capital is setting up first CIS focused Shariah compliant PE fund

Al Shams Capital (Moscow), an investment financial company specializing in Islamic investments and finance, Lux Global Trust Services, a Luxembourg-based independent advisory and fund services firm and Theisen Law, a leading Luxembourg-based law firm, signed an agreement during the Moscow Forum for Islamic Investments & Finance in the Russian capital on 27th of May 2010.

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Prospects for Econonic Cooperation between Russia and Malaysia

| 29/01/2010 | Reply
Prospects for Econonic Cooperation between Russia and Malaysia

A working group from Russia of top executives from Islamic finance and Halal products & services, recently visited Malaysia looking for areas of cooperation with representatives from
Islamic business and finance in South-East Asia
. One of the topics discussed with Malaysia counterparts was the ‘KAZANHALAL
2010’ Exhibition to be held in the city of Kazan on the 27-29 June 2010, alongside the II Summit on International
Islamic Business and Finance.

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Halal Restaurants in the centre of Moscow

| 19/12/2009 | Reply
Halal Restaurants in the centre of Moscow

Now the heart of Moscow, at the prestigious Strastnoy Boulevard,
has two restaurants with fully halal food and the complete absence of
alcohol.

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