IBFD Fund was included into the nomination shortlist for an award of authoritative British Capital Finance International publication.

The Islamic Business and Finance Development Fund (IBFD Fund) of Russia is nominated for its outstanding contribution to the development of Islamic finance in Russia following the results of 2015.

CFI (Capital Finance International) is a print journal and online resource […]


Russian financiers focus on ethical finance

The leading Russian companies consider Islamic finance as a new and effective source of capital attraction. The issue of forming a collaboration with the Middle East and Southeast Asia capital markets will be discussed at the debate seminar of the […]


Linar Yakupov is on the list of the most influential figures in Islamic finance

Linar Yakupov is marked out in ISLAMICA 500, the unique project of ISFIN, the largest consulting organization for the Islamic financial markets.

In ISLAMICA 500, data on leading experts in area of Islamic economy and the “halal” industry from around the […]


The Ministry of Finance of the Russian Federation has confirmed its participation in IFN CIS & Russia Forum

IFN CIS & Russia Forum, the largest international Islamic finance forum for the very first will be held in Russia. The representatives of the largest banks and sovereign wealth funds, public authorities, financial regulators, audit, consulting and law firms from […]


The 11th World Islamic economic forum was held in Malaysia

Assistance to the growth and development of the small and medium enterprises (SME) was the main topic of the World Islamic Economic Forum – WIEF 2015.

The Prime Minister of Malaysia Najib Tun Abdul Razak, the Chairman of Bosnia and Herzegovina, […]


Path Solutions and IBFD sign strategic MoU

Path Solutions has announced the signing of a memorandum of understanding (MoU) with Nonprofit Fund for Development of Islamic Business and Finance, also known as IBFD, to jointly reach a collaborative working arrangement that includes the identification, promotion and selling […]


Bahrain suggests to Russia to open an Islamic bank

The issue of establishing an Islamic bank in Russia jointly with several Arab countries will be discussed at the Russian-Bahraini business council, which is scheduled to take place on October 21 in Sochi under the chairmanship of Vladimir Dmitriev (the […]


IBFD Fund has received the international Global Banking & Finance Review award

Islamic Business & Finance Development Fund has won the award in the “Best Islamic Finance Advisory Russia 2015” category.

The official website of British financial internet portal – “Global Banking & Finance Review”, has published all nominees distinguished with the award. […]


The agenda of IFN CIS & Russia Forum 2015 is available on Forum’s official website

IFN CIS & Russia Forum, the largest international Islamic finance forum, is scheduled to take place on 15th of March at “Reneissance Hotel” in Moscow.

Islamic Business and Finance Development Fund (IBFD Fund), the center of competence in Islamic Business and […]


Expert discussions on Islamic banking windows were held in Moscow

Malaysian-Russian consortium preparing a feasibility study on launching Islamic banking in Russian Federation has presented interim results of its work.

During last six months the Government of the Republic of Tatarstan and Malaysian-Russian consortium comprising UNIRAZAK, IBFIM and IBFD Fund has […]


German Gref supports the initiative on launching of Islamic Banking in Russia

The president and chairman of Sberbank considers the launching of Islamic Banking the key to attract more business and capital from the East, so he will do his best to facilitate the enactment of the bill, said Gref to the […]


IBFD Fund jointly with REDmoney Events organize and host the biggest international Islamic finance event in Russia and CIS

REDmoney Events in partnership with Islamic Business and Finance Development Fund (IBFD Fund), will organize the IFN CIS & Russia Forum on the 9th of December 2015 in Moscow. The event is expected to draw market players and regulators from […]


Russian based IBFD Fund signs strategic partnership with Shariyah Review Bureau to promote Islamic finance transactions

Shariyah Review Bureau (SRB), one of the world’s leading Shari’a Advisory companies, has signed a strategic partnership with Islamic Business and Finance Development Fund (IBFD Fund), a leading Russian organization dedicated to the development of Islamic Finance, bilateral economic and […]


Linar Yakupov spoke at the round table discussion in the State Duma on the issues and prospects of Islamic banking introduction to Russia

The president of the Islamic Banking and Finance development fund (IBFD Fund) – the center of competence in Islamic Business and Finance of Russia – has talked about the feasibility study for opening an Islamic bank or an Islamic banking […]


Memorandum of understanding on Islamic banking and Finances promotion had been signed between IBFD Fund and Edbiz Consulting

Islamic Business and Finance Development Fund (IBFD Fund) and Edbiz Consulting Limited (Great Britain) has made an agreement of mutually beneficial co-operation at promotion and development of Islamic finances in Europe and Russia.

Memorandum aimed on further development Islamic finances, ethic […]