In mid-September 2022, the IV Annual Russian Islamic Economic Forum themed ‘Russia – Guarantor of the Partnership’ was held at Kaspiysk in the Republic of Dagestan. The event was jointly organized by Sberbank, the biggest Russian state-owned bank, with the International Association of Islamic Business, an organization that consists of Islamic businessmen and corporations. Some of the topics that were discussed were Sberbank’s new initiatives for the development of Islamic finance in Russia and the consideration of a new draft....