RUSSIA - Bridging the Gap of Islamic Finance in Russia and the CIS

Alain-Amine Raad
Acting Head of

VTB Capital Dubai

The first experience of Islamic finance in modern times formally started in the 1960s. This relatively young industry has emerged as one of the world’s fastest growing in the financial services sector, not surprisingly driven by the high energy prices and the expansion of the banking sector in the Middle East and Southeast Asia.