19 May 2022

Mufti of Moscow, The Head of The Spiritual Assembly of Muslims of Russia, member of the Public Chamber of the Russian Federation Albir Hazrat Krganov took part in the work of the XIII International Economic Summit «Russia – the Islamic World: KazanSummit 2022», which is ongoing in the capital of Tatarstan.

Representatives of 63 countries of the world and 52 regions of Russia take part in his work. The leitmotif of the forum's business program was the economy of shared consumption and the greater good of Halal, and the key topics were Islamic finance and partner banking, the Halal industry, youth diplomacy, export development, entrepreneurship and investment. According to the organizers, the summit’s goal is strengthening cooperation between Russia and the Muslim world. KazanSummit is a platform for synergy of the economic, scientific, technical, cultural, information agenda through various structures of the Organization of Islamic Cooperation. Among the guests of honor are the leadership of the Organization of Islamic Cooperation (OIC), ministers of Islamic countries, ambassadors and consuls of more than 15 states, international delegations and foreign experts, and also the leadership of federal authorities, chambers of commerce and industry of the OIC countries and regions of Russia, heads and ministers of the regions of Russia. The events are also attended by the Minister of Economic Development of the Russian Federation Maxim Reshetnikov, Deputy Minister of Foreign Affairs of the Russian Federation, Special Representative of the President of Russia for the Middle East Mikhail Bogdanov, President of Tatarstan Rustam Minnikhanov, Russia's Permanent Representative to the OIC Ramazan Abdulatipov and others. Russian President Vladimir Putin, Russian Prime Minister Mikhail Mishustin and Russian Foreign Minister Sergey Lavrov sent their greetings to the forum participants.

Islamic banking may be in demand in regions of Russia where a significant proportion of the population practice Islam. This was stated today by the President of Tatarstan Rustam Minnikhanov at the session of SberTalk, which was held within the framework of the XIII International Economic Summit «Russia – the Islamic World: KazanSummit 2022». Minnikhanov mentioned that despite Western sanctions, most of the OIC member countries continue to interact with our country. The President of Tatarstan believes that the system of Islamic financing is a promising area of trade and economic cooperation. Such a model can act as an alternative to Western capital markets and trading platforms.

The discussion of the issues of support and development of Islamic banking and financial instruments was a continuation of the round table organized by The Spiritual Assembly of Muslims of Russia in the Public Chamber of the Russian Federation on April 28, 2022, where a thorough and substantive exchange of views on various aspects of cooperation between Russia and the Muslim world in the economic, energy and investment spheres took place in an informal setting. There was also a presentation of Russian opportunities in the fields of education and science. Special attention is paid to the expansion of contacts between civil society institutions and religious organizations. An important outcome of the discussions was the mutual understanding reached on the importance of strengthening Russia's cooperation with the states of the Islamic world, of which it is an integral part.

based on the materials of Islam-today

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