IslamicFinance.de

The Muslim-majority region of Tatarstan seems to be an attractive investment destination for funds – for both Russian Muslims and foreign investors based in Muslim countries.
Two Islamic funds have recently launched operations in Tatarstan. On the one hand there is the Malaysian private equity firm AmanahRaya Capital Group, which has already launched several projects in the republic.
On the other hand there is the Foras International Investment Company, launching an investment vehicle with the newly established Tatarstan International Investment Company.