Hoping to attract Arab capital, Russia will take its first step into the world of Shariah-Compliant Finance in June by issuing sukuk (Islamic bonds).

The bonds are to be issued by the majority Muslim Russian republic of Tatarstan in the Volga region.

http://www.google.com/hostednews/afp/article/ALeqM5hI4EA_Nx-avv4koH8-WKIpysLizA?docId=CNG.5b640033fbf6a16861093d81b106136f.901

 

One Response to Russia falling victim to financial jihad

  1. Poor Russia. They think by supporting Islamism they can help take down the U.S. But they’re sowing the seeds of their own (re)destruction.

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