Development prospects of Islamic private equity funds in Russia

Authors

  • Aidar Airatovich Aupov Kazan (Volga) Federal University
  • Ainur Fanilovich Tukhvatullin Kazan (Volga) Federal University

Keywords:

Islamic economics, Islamic finance, Islamic PE funds, private equity, foreign direct investment, venture funds

Abstract

The article deals with Islamic private equity funds (PEF). The essence of Islamic PEF, principles and limitations of their functioning are revealed. The world market of Islamic PEFs is analyzed; the forecast of their development is given. The analysis of the Russian market of direct investments is carried out, their trends and factors of their development are distinguished, and the forecast up to 2021 is given. The possibility of organization of Islamic PEFs - including with attraction of investments from the countries of the Islamic world - in Russia is justified.

Author Biographies

Aidar Airatovich Aupov, Kazan (Volga) Federal University

Doctor of Economic Sciences, Professor
Place of work, post: Kazan (Volga) Federal University, Institute of management, economy and finance, Department of banking, Professor

Ainur Fanilovich Tukhvatullin, Kazan (Volga) Federal University

Place of work, post: Kazan (Volga) Federal University, Institute of management, economy and fi nance, Department of banking, 2nd year Master’s degree student

Published

2024-02-08

How to Cite

Aupov, A. A., & Tukhvatullin, A. F. (2024). Development prospects of Islamic private equity funds in Russia. Russian Foreign Economic Journal, (5), 54–65. Retrieved from https://journal.vavt.ru/rfej/article/view/2103

Issue

Section

Инвестиционная деятельность