The development of Islamic banking and of some Halal services in the Republic of Tatarstan

Abstract

The article explores the ideas of Muslim women about the development of the Halal industry in the Republic of Tatarstan. The relevance of the study lies in the significant number of Muslims who are interested in the development of the production of goods and services that meet the norms of Islam. The research considers the services provided in the field of Islamic banking (mortgage, lending), beauty and health services, the development of Halal Lifestyle in the Republic of Tatarstan. Thus, the paper reveals the problems of the industry, connected with the purchase of housing on a mortgage; overpriced beauty and health services; discrepancy between the cost and the quality of the products; lack of halal certification for some services etc. Attention is focused on the joint work of the official clergy, state authorities, employees of the Halal Committee under the Spiritual Administration of Muslims of the Republic of Tatarstan, manufacturers and suppliers of goods and services, as well as Muslim consumers to coordinate efforts and receive feedback. Within the framework of the study, the author relies on a semi-structured interview – the method of qualitative research.