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The theoretical and methodological foundations of Islamic law as an institutional element that has a direct impact on socio-economic processes, entrepreneurial and financial activities are analyzed. Using the examples of Saudi Arabia, Iran, Pakistan, as well as countries with mixed and secular legal systems, models for integrating Islamic norms into national legal and economic structures are considered. Particular attention is paid to the current state and prospects of Islamic finance in the Russian Federation, including factors that hinder their development, as well as the possibility of adapting successful foreign practices.
Sharia, Islamic law, Islamic finance, Islamic banking, institutional economics, investment attractiveness
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