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Islamic finance in Dagestan: status and development prospects

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  • Sh. A. Shovkhalov

Abstract

  The article examines the relevance of Islamic finance in the world and currently in Russia, especially in the light of political events and the need to strengthen ties with Arab countries. Particular attention is paid to the Republic of Dagestan, where several companies in the field of Islamic finance have been operating for many years.  The purpose of the article is to analyze current trends in the Islamic finance market in the Republic of Dagestan in the current economic situation and identify opportunities for its further development.  The institutional approach was used as a methodological basis, as well as standard methods of scientific knowledge, such as analysis and induction.

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Handle: RePEc:cvt:journl:y:2023:id:810
DOI: 10.24182/2073-6258-2023-22-2-78-83
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