Abstract

Правовые особенности этического (исламского) банкинга (на примере договора мурабаха)

Highlights

  • The economic crisis of nowadays and sanctions imposed on Russia by the EU and US make the issues of banking sector development and enhancement of the financial stability of credit organizations as well as attraction of foreign investments from the countries of Asia and the Middle East topical .The attention of the Russian legislator and business representatives to the economy based on the ethical principles of the Shariah, is due to the high financial stability of credit and other financial institutions developing this part of the economy

  • It is no mere chance that the possibility of using Islamic financial instruments in Russia based on prohibition of usury, loan interest, excessive risk and uncertainty, as well as restrictions on investment of funds and income received from prohibited activities such as weapons and alcohol production, gambling, is actively discussed on various forums at this time, so difficult for the economy of our country

  • The analysis has shown that in modern economic conditions there is a high potential in Russia for application of various partner banking tools

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Summary

COMPARATIVE LAW AND FOREIGN LAW

Legal Aspects of Ethical (Islamic) Banking (Case Study of a Murabaha Contract) sify the methods of harmonizing the norms of banking legislation and the Bank of Russia’s regulations for arranging banking risk management, for effective banking operations and transactions in the integration processes of forming a single banking market. In this regard, public-law measures and contractual-legal forms of banking activities become the most important factor in ensuring financial stability of credit institutions and banking security. Для начала имплементации инструментов партнерского (исламского) банкинга в экономику страны достаточно внесения точечных изменений в законодательство, устраняющих наиболее существенные препятствия к развитию исламской экономики. Ключевые слова: партнерский банкинг; принципы шариата; исламские финансовые инструменты; имплементация; правовая системы; стандарты

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