Faced with being locked out of Western capital markets, Russia has started to develop an Islamic finance industry. Meanwhile, Kazakhstan is trying to position itself as a hub for Shariah-compliant transactions.
Source: www.emergingmarkets.org
Faced with being locked out of Western capital markets, Russia has started to develop an Islamic finance industry. Meanwhile, Kazakhstan is trying to position itself as a hub for Shariah-compliant transactions.
Source: www.emergingmarkets.org
Leave a comment