The head of Dagestan called the difficulties of introducing Islamic banking

The implementation of the Islamic banking mechanism is hindered by direct restrictions in the legislation of the Russian Federation. This was announced by the head of Dagestan Sergey Melikov. According to him, for the introduction of this financial instrument, it is necessary that the Russian tax and banking legislation, the civil code be adjusted and “tuned” favorably.

Last year, the State Duma adopted in the first reading a draft on the pilot implementation of Islamic banking. The experiment will last two years in Dagestan, Chechnya, Bashkiria and Tatarstan.

Islamic banking contains a number of restrictions. For example, a ban on the payment of interest (riba) and transactions with conditions of uncertainty (gharar), a ban on financing certain sectors of the economy (gambling, pork production, alcoholic beverages).

Последние новости
A friend of a missing Chechen woman faces up to 30 days in jail or a hefty fine for a picket in Grozny
Human rights
A friend of a missing Chechen woman faces up to 30 days in jail or a hefty fine for a picket in Grozny
24 August 2026

Lena Patyaeva, a friend of missing Chechen native Seda Suleimanova, was charged with an administrative offense after a solo picket in Grozny. She held the protest on August 23, the third anniversary of Suleimanova's disappearance. Under the charges against her, Patyaeva faces up to 30 days in jail or a fine of up to 300,000 rubles.

Aliyev and Pashinyan congratulated Zelenskyy on Independence Day and assured of their support for Ukraine
Politics
Aliyev and Pashinyan congratulated Zelenskyy on Independence Day and assured of their support for Ukraine
24 August 2026

Azerbaijani President Ilham Aliyev and Armenian Prime Minister Nikol Pashinyan congratulated Ukrainian President Volodymyr Zelenskyy on Ukraine's Independence Day. In their messages, they expressed support for the country and outlined their vision for the future development of relations between Baku and Yerevan with Kyiv.

Pashinyan: Karapetyan's
Politics
Pashinyan: Karapetyan's "secret plan" is to provoke an economic crisis and change the government
24 August 2026

Armenian Prime Minister Nikol Pashinyan stated that part of the Armenian opposition is interested in tightening Russian restrictions on imports into the country. According to him, economic pressure should lead to a crisis and protests, which could then be used to change the government.

Ukraine attacked southern Russia: children died in Krasnodar, and Ozon warehouses were hit
Politics
Ukraine attacked southern Russia: children died in Krasnodar, and Ozon warehouses were hit
24 August 2026

Overnight into August 24, drones attacked several regions in southern Russia. The consequences were most tragic in Krasnodar: drone debris fell on a private children's center, killing two children and injuring seven other children and two adults. This was reported by Veniamin Kondratyev, the governor of Krasnodar Krai.