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N. Dmitriev,  (Postgraduate, Plekhanov Russian University of Economics)

Series "Economics and Law" # 04  2018
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The article analyzes the possibility of introducing certain Islamic financial institutions in the implementation of investment activities in the real estate development market. The author draws attention to the fact that Islamic banking relies on the legal, moral and value orientations of Islam and the socio-cultural foundations of the economic life of Muslims, characterized by a certain attitude to the financial system (the existence of a ban on certain transactions, the absence of collection of interest for the use of a financial product, etc. ), which makes civil-legal forms of investment offered by Islamic banks more attractive than traditional forms of investment.

Keywords: Islamic banking, real estate development, «istisna», investment activity, investments, Islamic financial organizations, investment risks.

 

Read the Full Article in Russian …


©  N. Dmitriev, Journal "Modern science: actual problems of theory and practice".
 

 

 

 
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