Ministry of Finance of the Chechen Republic supported idea to use the matkapital for purchases housing through Islamic banking

The minister of finance Chechen Republic Sultan Tagaev declared that opportunity to use a maternity capital for housing acquisition with use of the mechanism of Islamic banking is especially actual for the region. That will allow to use the matkapital for the corresponding operations today, on May 17, the head of profile committee Anatoly Aksakov reported. Islamic banking — the financial branch, work in which assumes a number of features, such as a ban of loans under percent, transactions with uncertainty, investments in production alcohol, gamblings, etc. At the heart of Islamic banking operations lie with...