{"id":58053,"date":"2025-12-28T00:00:00","date_gmt":"2025-12-28T00:00:00","guid":{"rendered":"https:\/\/iumsonline.cloud\/2025\/12\/28\/russia-plans-to-launch-islamic-bank-amid-growing-muslim-population\/"},"modified":"2025-12-28T00:00:00","modified_gmt":"2025-12-28T00:00:00","slug":"russia-plans-to-launch-islamic-bank-amid-growing-muslim-population","status":"publish","type":"post","link":"https:\/\/iumsonline.cloud\/en\/2025\/12\/28\/russia-plans-to-launch-islamic-bank-amid-growing-muslim-population\/","title":{"rendered":"Russia Plans to Launch Islamic Bank Amid Growing Muslim Population"},"content":{"rendered":"<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><b><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;color:#EE0000;mso-bidi-language:AR-QA\">Russia<br \/>\nPlans to Launch Islamic Bank Amid Growing Muslim Population<o:p><\/o:p><\/span><\/b><\/p>\n<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\">Anatoly Aksakov,<br \/>\nChairman of the Financial Markets Committee of the Russian State Duma, has<br \/>\nrevealed efforts to establish an Islamic bank in Russia<\/span><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span><span lang=\"AR-QA\" dir=\"RTL\" style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span>.<\/span><span style=\"font-size:20.0pt;line-height:150%;\nfont-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\">He made the<br \/>\nannouncement during an event held on Friday in Kazan, the capital of the<br \/>\nRepublic of Tatarstan<\/span><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span><span lang=\"AR-QA\" dir=\"RTL\" style=\"font-size:20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;;\nmso-bidi-language:AR-QA\"><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span>.<\/span><span style=\"font-size:20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;;\nmso-bidi-language:AR-QA\"><o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\">Aksakov explained<br \/>\nthat consultations are underway with business leaders and representatives of<br \/>\nthe Muslim community in Russia regarding the bank\u2019s establishment<\/span><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span><span lang=\"AR-QA\" dir=\"RTL\" style=\"font-size:\n20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span>.<\/span><span style=\"font-size:20.0pt;\nline-height:150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\">He stated, \u201cWe are<br \/>\nworking diligently to establish an Islamic bank in Russia, and we are also<br \/>\nholding talks with Arab countries to set it up<\/span><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span><span lang=\"AR-QA\" dir=\"RTL\" style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span>.\u201d<\/span><span style=\"font-size:20.0pt;line-height:150%;\nfont-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\">Islamic banking<br \/>\nservices are gaining popularity in Russia, with projections indicating that<br \/>\nMuslims could constitute about 30% of the country\u2019s total population by 2033<\/span><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span><span lang=\"AR-QA\" dir=\"RTL\" style=\"font-size:\n20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span>.<\/span><span style=\"font-size:20.0pt;\nline-height:150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\">Pilot operations of<br \/>\nIslamic banking have already begun in some of Russia\u2019s Muslim-majority regions,<br \/>\nincluding Tatarstan, Chechnya, and Dagestan, as of early September 2023<\/span><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span><span lang=\"AR-QA\" dir=\"RTL\" style=\"font-size:\n20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><span dir=\"RTL\"><\/span><span dir=\"RTL\"><\/span>.<\/span><span style=\"font-size:20.0pt;\nline-height:150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\"><o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" dir=\"LTR\" style=\"text-align:justify;line-height:150%;\ndirection:ltr;unicode-bidi:embed\"><span style=\"font-size:20.0pt;line-height:\n150%;font-family:&quot;Sakkal Majalla&quot;;mso-bidi-language:AR-QA\">(Source: Agencies)<\/span><span lang=\"AR-QA\" dir=\"RTL\" style=\"font-size:20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;;\nmso-bidi-language:AR-QA\"><o:p><\/o:p><\/span><\/p>\n<p class=\"MsoNormal\" dir=\"RTL\" style=\"line-height:150%\"><span lang=\"AR-QA\" style=\"font-size:1.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;;\nmso-bidi-language:AR-QA\">&nbsp;<\/span><\/p>\n<p class=\"MsoNormal\" dir=\"RTL\" style=\"line-height:150%\"><span lang=\"AR-SA\" style=\"font-size:20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;\">\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640\u0640<o:p><\/o:p><\/span><\/p>\n<\/p>\n<p class=\"MsoNormal\" dir=\"RTL\" style=\"line-height:150%\"><b><span lang=\"AR-SA\" style=\"font-size:20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;;\ncolor:#EE0000\">* \u0644\u0644\u0627\u0637\u0644\u0627\u0639 \u0639\u0644\u0649 \u0627\u0644\u062a\u0631\u062c\u0645\u0629 \u0627\u0644\u0643\u0627\u0645\u0644\u0629 \u0644\u0644\u062e\u0628\u0631 \u0628\u0627\u0644\u0644\u063a\u0629 \u0627\u0644\u0639\u0631\u0628\u064a\u0629<\/span><\/b><b><span lang=\"AR-SA\" style=\"font-size:20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;\">\u060c<br \/>\n\u0627\u0636\u063a\u0637 (<u><span style=\"color:#EE0000\"><a href=\"https:\/\/iumsonline.org\/ar\/ContentDetails.aspx?ID=40717\" target=\"_blank\">\u0647\u0646\u0627<\/a><\/span><\/u>).<\/span><\/b><b><span dir=\"LTR\" style=\"font-size:20.0pt;line-height:150%;font-family:&quot;Sakkal Majalla&quot;\"><o:p><\/o:p><\/span><\/b><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Russia Plans to Launch Islamic Bank Amid Growing Muslim Population<\/p>\n","protected":false},"author":0,"featured_media":58505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[414],"tags":[],"class_list":["post-58053","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-our-news-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/posts\/58053","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/comments?post=58053"}],"version-history":[{"count":0,"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/posts\/58053\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/media\/58505"}],"wp:attachment":[{"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/media?parent=58053"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/categories?post=58053"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/iumsonline.cloud\/en\/wp-json\/wp\/v2\/tags?post=58053"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}