Islamic Finance
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Russian AK BARS Bank attracts Shariah-compliant investments
A syndicate of 11 banks from the Gulf countries and the Middle East has signed a murabaha agreement with the Ak Bars Bank from Tatarstan, a region in Central Russia. This is the second contact between the bank and foreign Muslim investors. The debut was in 2011. Then Ak Bars…
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Click here to read the full story: The Voice of Russia