For the first time in Russia, as part of an experiment in partnership (Islamic) financing, a transaction has been completed to attract investments in the form of trust management.
On 7 August 2025, PO As Salam implemented a unique transaction to attract investments in the form of trust management.
Trust management is one of the basic principles of attracting financing in partnership banking (mudarabah transaction).
Trust management is directly stipulated in 417-FZ (the Law on Partnership Financing) as one of the ways to attract investments. PO As Salam has developed a concept for implementing an analogue of a deposit based on a classic trust management agreement. The developed product allows for the closest possible recreation of a classic mudaraba agreement within the framework of Russian legislation.
A pilot transaction was implemented for 8 million roubles.
The investments attracted are aimed at financing the activities of the Tatarstan company Kazmolttorg LLC.
The transaction is short-term, with a term of 50 days.
In the future, As Salam Group plans to expand its product line with long-term investment products based on trust management, with murabaha transactions providing protection for attracted investments through collateral and guarantees for obligations arising in the course of trust management.
This transaction continues the development of a new sector of partnership (Islamic) capital market instruments.
We express our deep gratitude to the authorities of the Republic of Tatarstan for their comprehensive support of initiatives in the field of partnership finance.
Welcome to the world of innovative Russian Islamic investment banking products.
● AS SALYAM Group (Nos. 19, 20 in the Central Bank of Russia register in accordance with No. 417-FZ) https://as-salam.info