RIAC :: Banks,Finance

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Alternative Finance in a Time of Crisis: How Russia is Looking to Introduce Islamic Banking

... market in Russia just five years after its legalization. As of now, several Islamic banks have voiced their intention to open branches in Russia. They include Bahrain’s Al Baraka, Sudan’s Al Shamal, UAE’s Al Hilal as well as leading Malaysian banks. Islamic finance may appeal to Muslims and others during times of crisis, since its underlying principle is to invest in tangible products and not financial instruments based on speculation. The development of Islamic finance in Russia is hampered by the absence ...

10.08.2015

analytics

Financial Markets in Central Asia: the Light in the Middle of the Tunnel

... (Svenska Handelsbanken, Santander, HSBC, Barclays, etc.) from Russia under pressure from major Russian actors. Although no Russian banks are known to have left Central Asia, strong risks to their potential do exist, at least before introduction of Basel III,... ... supervision, and the internationalization of the banking sector. Literature 1 . Clarke, G.R.G., Cull R., & Kisunko, G. External finance and firm survival in the aftermath of the crisis: Evidence from Eastern Europe and Central Asia // Journal of Comparative ...

24.06.2013

analytics

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In your opinion, what are the US long-term goals for Russia?

U.S. wants to establish partnership relations with Russia on condition that it meets the U.S. requirements	33 (31%)
U.S. wants to deter Russia’s military and political activity	30 (28%)
U.S. wants to dissolve Russia	24 (22%)
U.S. wants to establish alliance relations with Russia under the US conditions to rival China	21 (19%)