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Spotlight: Islamic Banking System

In times of financial crisis there is an alternative banking system, which has proved to be more stable, than the traditional, Western banking system. I mean – the Islamic banking. The financial systems in the Islamic countries, even in those, who were formerly Soviet republics – like Kazakhstan – are a real alternative, while the Russian business and science lacks necessary knowledge to adapt its finance to the severe conditions of the crisis. We will be discussing this issue with our …

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