Anatoly Aksakov, Chairman of the Russian State Duma Financial Markets Committee, said that the implementation of the Islamic banking law, which could be adopted in July, will attract 11-14 billion dollars to Russia in joint projects with Turkey and Islamic countries. Iranian. It has been reported TASS.
He stressed that the State Duma is confident that the flow of investment received can be invested in various projects from various Turkish, Iranian and Islamic countries. According to Aksakov, there is “serious potential” in the bill.
He stressed that this law could start to work as early as August because there is no fundamental disagreement over its content.
Before that, Deputy Governor of the Central Bank of Russia Vladimir Chistyukhin declarationIt is reported that 14 companies from Dagestan, Chechnya, Bashkortostan and Tatarstan are planning to participate in the Islamic banking experiment.
The bill on conducting an experiment on the introduction of Islamic banking in the four aforementioned regions of Russia was passed by the State Duma at the first reading in December 2022. The bill provides an experiment on the implementation of co-financing in Islamic republics.
former Central Bank declaration about a possible increase in key rate.