Classification of Islamic banking products and requirements of Islamic banks

Today, Islamic banking has developed in Muslim countries. As part of this work, we will consider the requirements for Islamic financing. An Islamic loan does not involve the payment of interest rates for the use of borrowed funds. Financing of Islamic banks should be directed to those activities that do not contradict Islamic values. It is forbidden to form personal well-being due to the deterioration of the situation of society as a whole. The following are open as Islamic banking products: Mouse, Mudabarah, Ijara, Murabaha, Hassan and others. The article reveals the reasons hindering the development of Islamic banking in Russia.