The first in North Caucasus the settlement account according to standards of Islam opened in Republic of Dagestan

Makhachkala. June 2. INTERFAX-SOUTH - Public joint-stock company "Sberbank Russia" opened in the Dagestan office the first in North Caucasus the settlement account for the legal entities, conforming to standards of Islamic financings, the press service reported banks. It is noted that the local organization "Page Mosque Shakhuva" for maintaining economic activities and collecting donations used the settlement account. The raised funds will go for its reconstruction. "banks are clients nearly a half of businessmen of the region, and the considerable part from them is interested in products partner financings - today it is one of most...