Our mission

Promoting the development Islamic finance in Russia, taking into account international experience and best business practices by providing consolidated expert opinion

Our goal

Integration and coordination of actions of experts to evaluate and use of the ethical principles of financial activities of economic entities on the basis of Russian legislation and the rules of Islamic financing in the Russian Federation
  • RAIEF and AAOIFI signed MoU

    As part of the annual AAOIFI conference in Bahrain, a strategic document on cooperation was signed between RAEIF and AAOIFI

  • Law on Islamic banking adopted in Russia

    August 4 President of Russia V.V. Putin signed a law on conducting an experiment in partnership financing in Russia.

  • Islamic Business will gather in Moscow in the beginning of June

    On June 2-5, 2016, Sokolniki Exhibition and Convention Centre will host the 7th Moscow International halal exhibition — Moscow Halal Expo 2016, bringing together the companies whose products and services conform to halal quality standards

  • Expert Discussion on Islamic Finance took place in Moscow

    On the 24th February 2016 the Financial University under the Government of the Russian Federation hosted a panel discussion named “Challenges and prospects of partnership/shared finance in Russia”. The event was organized by the Russian Association of Experts in Islamic Finance (RAEIF) with the support of the Financial University


Cite of the day

Islamic financial institution at the start will be at 4-7% more expensive than traditional. If you want to engage in Islamic financing, be ready for it. Otherwise there will be no Islamic financial institutions

Rashid Nizameev, director of Amal Finance House

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