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Russia is ready to start Islamic banking for the first time from 1st September

Russia is launching Islamic banking for the first time as part of a 2-year pilot program on September 1.
According to foreign media, on August 4, Russian President Vladimir Putin signed a law that included a review of the feasibility of Islamic banking.

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According to reports, this pilot program will start in 4 Muslim-majority areas and if successful, there are plans to introduce it in other countries as well.

According to foreign media, there are up to two and a half million Muslims in Russia.

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Technology Desk
Technology Desk
Technologyplus.pk | Digital marketing, startup, technology, and business news website TechnologyPlus.Pk is an online news website. It publishes only authentic news from reliable sources and agencies. In TP we cover Technology news, business news, banking news, and startup news. We also give space to show biz, fashion, and music industry. TPP is an emerging news port in Pakistan. Al-Hamdulilah in a very short period of time we have become much popular among the corporate world and PR agencies. Our aim is to put our port in tier 1.

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