Main Article Content
Abstract
As the Muslim population in Russia increases, Muslim activists strive to seek innovations to develop the Islamic economy. Given the long history of Islam in this country, the challenges faced in advancing the Islamic economy are diverse. One of the most prominent challenges is the lack of certainty from the federal government in issuing official regulations for Islamic financial institutions. The presence of Islamophobia is suspected to be a factor in the revocation of the license of the first Islamic bank (Badr Forte Bank) due to allegations of violating laws on the Prevention of Money Laundering and Terrorism Financing. Therefore, mediators such as local Muftis and scholars are needed in this regard to socialize Sharia-compliant services to the public and convince the government to enhance the reputation of Sharia-compliant services in this country. They also have a crucial role in disseminating correct Islamic teachings and educating Muslim communities personally who do not yet have a strong understanding of the religion, especially in interpreting evidence from the Qur'an and Sunnah. This is very important because misinterpretation is the precursor to extremist actions by radicals.
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References
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References
Arnold, Thomas W. Sejarah Lengkap Penyebaran Islam. IRCiSoD, 2019.
Evgenievich, Zhitenev Timofey. “Islam in Russia: Historic Landmarks.” Vestnik VUiT. Last modified 2010. Accessed December 8, 2024. https://cyberleninka.ru/article/n/islam-v-rossii-vehi-istorii.
Gaiibnazarov, Sh. “Islamism Is the Basis, the Ideology of Terrorism, and Its Difference From a Genuine, Civilized Islam.” Bulletin of Science and Practice 6, no. 7 (July 15, 2020): 417–424.
Kusanova, D. S. “The Development of Islamic Banking and of Some Halal Services in the Republic of Tatarstan.” Minbar. Islamic Studies 15, no. 4 (January 11, 2023): 884–898.
Laruelle, Marlene. “Russia’s Islam: Balancing Securitization and Integration” (2021).
Latifah, Luluk, and Iskandar Ritonga. “Systematic Literature Review (SLR): Kompetensi Sumber Daya Insani Bagi Perkembangan Perbankan Syariah Di Indonesia.” Al Maal: Journal of Islamic Economics and Banking 2, no. 1 (July 13, 2020): 63.
Nodelman, Valeria. “Three to Four Million Residents of Moscow Profess Islam.” Last modified 2019. Accessed December 8, 2024. https://iz.ru/923188/valeriia-nodelman/tri-chetyre-milliona-zhivushchikh-v-moskve-ispoveduiut-islam.
Potyokina A. “Interest-Free Banking and Halal Money.” Last modified 2024. Accessed December 8, 2024. https://finansist-kazan.ru/news/finances/banking-bez-protsenta-i-khalyalnye-dengi/.
Putin, V. “Speech at a Celebratory Event Marking the 225th Anniversary of the Founding of the Central Spiritual Administration of Muslims in Russia.” President of Russia. Last modified December 6, 2024. http://en.kremlin.ru/events/president/transcripts/19473.
Rohaly, Alya, Anisa Salsabila, Asya Noer Izzatin, and Asep Abdul Muhyi. “Pandangan Radikalisme Dan Terorisme Dalam Al-Qur’an.” In Gunung Djati Conference Series, 24:313–337, 2023.
Wijayanti, Anita, Massila binti Kamalrudin, and Safiah Sidek. “Factors Contributing Online Family Business To Enhance The Sustainability Of Family Business.” The Turkish Online Journal of Design, Art and Communication (2018): 3114–3120.
Yarasheva A.V. “Potential Opportunities of Using Islamic Banking Instruments in Russia.” National Interests: Priorities and Security 6, no. 6 (2010). Accessed December 8, 2024. https://www.fin-izdat.com/journal/national/detail.php?ID=24718.
Yaroslavtseva, Yulia Olegovna. “Islamic Banking in the Russian Federation: Development Trends.” Общество: политика, экономика, право, no. 10 (October 30, 2018).
Youssef, H.A. “Financial Mechanism for the Development of Islamic Business in the Russian Federation.” MIR (Modernization. Innovation. Research) 12, no. 1 (April 12, 2021): 56–70.
Мокина, Лилия Сергеевна. “Оценка Развития Исламского Банкинга Как Альтернативного Инструмента Финансирования и Возможности Его Применения в Условиях России.” Russian Journal of Entrepreneurship 18, no. 16 (August 31, 2017): 2399.