| | | | PROBLEMS OF MODERN ECONOMICS, N 4 (28), 2008 | | | | FINANCE AND CREDIT SYSTEM: BUDGET, CURRENCY AND CREDIT REGULATION OF ECONOMY, INVESTMENT RESOURCES | | | Bekkin R. I.
Senior research fellow, Institute of Africa (Russian Academy of Science) (Moscow), PhD (Economics), Professor; PhD (Jurisprudence)
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| | | The author argues that the system of micro-finances could successfully realize the social functions of Islamic finances. Analysis of Somaliland economy shows that the lack of Islamic finances in the country is connected with the underdevelopment of the financial sector. The article discusses crediting, insurance, and taxation spheres of Somaliland economy | |
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