The product is developed in the form of an Islamic contract "Murabaha" in accordance with the standards of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) and approved by the Council of Ulema of the Spiritual Administration of Muslims of the Republic of Tatarstan

For the first time in Russia, not only residents of several regions participating in the Islamic financing experiment, but also all Muslims in Russia in all regions of the country will be able to use banking products developed entirely with due regard for Islamic ethics and Shariah standards. Products developed within the framework of Tinkoff Islamic banking have received official approval from the Spiritual Administration of Muslims of the Republic of Tatarstan

This product is the first on the market, designed for private segment clients, offering extended services such as taxis, business lounges and other additional opportunities. Despite the fact that such a product is not new on the market of partnership (Islamic) finances, its implementation for the private segment will make it unique and in demand. Bank ZENIT strives to constantly expand its product line in the field of partnership finances.

Islamic products for corporate clients
Ak Bars Bank has launched Islamic products for business that comply with the canons of Sharia: a current account, an Islamic corporate card, a salary project, online accounting, legal assistance and factoring.
All Islamic products of the bank have been developed and approved by the Council of Ulema of the Muslim Spiritual Board of the Republic of Tatarstan.

Islamic products for corporate clients
Ak Bars Bank has launched Islamic products for business that comply with the canons of Sharia: a current account, an Islamic corporate card, a salary project, online accounting, legal assistance and factoring.
All Islamic products of the bank have been developed and approved by the Council of Ulema of the Muslim Spiritual Board of the Republic of Tatarstan.

The mutual fund "Lale - Islamic Investments" was developed by specialists of Ak Bars Capital based on the investment methodology accredited by the Council of Ulema of the MRB RT. Regular monitoring of compliance of all operations and activities of the selected companies with the investment methodology is carried out by the Supervisory Committee of the MRB RT.

The main transactions are carried out within the framework of Islamic contracts (Murabaha, Mudaraba) and according to the canons of Sharia in accordance with the laws and regulations of the Russian Federation. Our area of ​​activity is financing for the acquisition of vehicles, industrial, medical, agricultural and road construction equipment and machinery. Our clients are any individuals and legal entities interested in Islamic services.

Ijara Leasing LLC provides financial lease (Leasing) services according to Shariah standards. Despite a short history of work, our specialists have extensive experience in the field of leasing and can always answer all your questions. The company is ready to provide a wide range of financial services in strict accordance with Shariah standards and the requirements of the Russian Federation legislation.

The Guarantee Fund of the Republic of Tatarstan, together with the Russian Islamic University, has developed a guarantee product "DAMAN", which complies with the canons of Islamic law and operates on the basis of the received official Decision of the Council of Ulema of the Spiritual Administration of Muslims of the Republic of Tatarstan dated 14.02.2024 No. 72 on the permissibility of a new financial product for the provision of a surety.

We check the permissibility of investing from the point of view of Islam. The verification methodology was developed jointly with the Russian Islamic Institute. We analyze the financial statements of companies on a quarterly basis according to AAOIFI and DFM. The team includes analysts with PhD degrees, trained under the ACCA DipIFR program and a certified Sharia expert AAOIFI.

Installment plan for Muslims in accordance with the norms of Islam. Fixed price for the entire term, installment plan in equal payments - halal mortgage without interest. Sale of own apartments in installments is provided by the company BRK group (Kyrgyzstan)

The main difference between halal cashback and classic cashback is that the funds are not received from the bank's profits, but from affiliate programs, which does not contradict Sharia law. According to the company, the bank has "hundreds of partners" who provide cashback of up to 30% of the check. Among them are supermarkets, restaurants, clothing stores, hotels, and airlines.