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Russia Considers Access to Islamic Banking Markets

Russia Considers Access to Islamic Banking Markets

A draft law on Islamic banking has been submitted to the State Duma in Russia concerning the establishment of new bank accounts allowing investment into only Shariah-approved assets.   The idea was first raised at the level of the State Duma a year ago after Western sanctions closed Russia’s access to the European and American capital […]

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RUSSIA – MALTA TAX TREATY

RUSSIA – MALTA TAX TREATY

Malta-Russia Tax Treaty It is expected that the new tax treaty will be in force much quicker then its predecessor. Following the Cyprus crises, Malta has remained a tax compliant and tax efficient jurisdiction for legitimate businesses. Fitch has recently confirmed that Malta’s banking system is stable: Fitch Report: Malta Bank’s Stable – with the World Economic Forum […]

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