"Nahda Islamic Finance" is the leading professional association uniting Islamic finance market participants across the CIS. We foster industry cooperation, promote ethical standards, enhance knowledge, and shape a favorable investment climate.
The International Business Association "Nahda Islamic Finance" was officially registered on June 8, 2022, and is one of the most authoritative professional associations in the field of Islamic finance in the CIS. We were founded by leading organizations with recognized expertise: the International Business Academy of Islamic Finance and the International Research Academy of Islamic Finance "Sarakhsi".
Today, the Association unites over 100 members — legal entities and individuals from the financial sector and real economy across the CIS region. A key feature is the high level of professional training: more than half of our members have undergone certified training, confirming basic and advanced competencies in Islamic finance.
Islamic finance is a way to manage money that keeps within the ethical principles of Islam. It covers savings, investing, wealth management and financing to buy assets such as property, car and equipment.
One of the most important characteristics is that it is asset-backed financing. Islamic finance prohibits interest (riba), uncertainty (gharar), gambling (maysir), and investment in unethical sectors.
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