Specifics of the Islamic model of financial activity

Doklady Bashkirskogo Universiteta. 2017. Volume 2. No. 4. pp. 585-589.

Authors


Ishmukhametov N. S.*
Bashkir State University
32 Zaki Validi Street, 450074 Ufa, Republic of Bashkortostan, Russia

Abstract


The peculiarities of the Islamic model of the financial activity are distinguished, distinguishing it from the traditional model. The analysis is useful for understanding the ways of applying the model in Russian conditions.

Keywords


  • Islamic finance
  • Islamic model of financial activity
  • Islamic financial instruments