About IBFD FundNonprofit fund for the development of Islamic business and finance (IBFD Fund) was founded in 2009 following the results of the first KazanSummit – International Islamic Business and Finance Summit.
IBFD Fund was created to encourage the development of bilateral economic and business relationships between Russia and the Organization of Islamic Cooperation member countries.

IBFD Fund is the main organizer of KazanSummit, now known as International economic summit of Russia and OIC countries.

IBFD Fund’s core activities include:
1. Islamic financial solutions for businesses in Russia and CIS;
2. educational and training courses on Islamic banking and finance;
3. organizing international business events.

All three directions are closely interrelated and supplement each other.