The Guarantee Fund of the Republic of Tatarstan received the Decision of the Duma of the Republic of Tatarstan on the permissibility of the new financial product "DAMAN"
On February 16, 2024, as part of a joint meeting of the Operational Headquarters for ensuring socio-economic stability in the Republic of Tatarstan, the Board of the Ministry of Economy of the Republic of Tatarstan and a visiting meeting of the State Duma Committee on Economic Policy, the Head of the Spiritual Administration of Muslims of the Republic of Tatarstan, the Mufti of Tatarstan Kamil hazrat Samigullin presented Rustem Mukhamedshin, Director of the Guarantee Fund of the Republic of Tatarstan with the decision of the Council of Ulema of the Duma of the Republic of Tatarstan on the permissibility of a new financial product for the provision of a guarantee "DAMAN".
The ceremonial presentation of the official document took place in the presence of the President of the Republic of Tatarstan, Rustem Minnikhanov.
Thanks to the Daman product, entrepreneurs of the Republic of Tatarstan will be able to benefit from the support of the Guarantee Fund of the Republic of Tatarstan in accordance with Sharia law.
For reference: The Republic of Tatarstan is one of the participants in the implementation of a pilot project under Federal Law No. 417 of 08/04/2023 "On conducting an experiment to establish special regulation in order to create the necessary conditions for the implementation of partner financing activities in certain subjects of the Russian Federation and on amendments to certain legislative acts of the Russian Federation".