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PROBLEMS OF MODERN ECONOMICS, N 1 (29), 2009
SOCIO-ECONOMIC DEVELOPMENT IN EURASIAN STATES
Bekkin R. I.
Senior research fellow, Institute of Africa (Russian Academy of Science) (Moscow), PhD (Economics), Professor; PhD (Jurisprudence)

Islamic finances in Azerbaijan
The article analyzes the contemporary banking system of Azerbaijan, a country with traditional banking system where Islamic banks do not enjoy a special status. According to all official documents, there is only one Islamic bank (Kauthar bank) that in practice also belongs to the traditional banking type
Key words: Azerbaijan Democratic Republic, Islamic finances, Azerbaijan banking system

Article in russian

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