Dinamika Kelembagaan Ekonomi islam Di negara Qatar dan Rusia

Abstract

The dynamics of Islamic economic institutions in Qatar and Russia demonstrate how a sharia-based economic framework is capable of adjusting to a wide variety of social, political, and economic environments, while still maintaining its core principles of justice, transparency, and ethical financial practices. In Qatar, the development of Islamic economic institutions has progressed rapidly due to strong political will, consistent economic stability, and a national vision that prioritizes diversification and international integration. The government actively supports Islamic finance through modern, clear, and comprehensive regulations that ensure compatibility with global financial standards, allowing Islamic banks and non-bank financial institutions to operate competitively both domestically and internationally. Qatar’s commitment to becoming a regional hub for Islamic finance is also reflected in the establishment of sophisticated financial infrastructures, research centers, and policy frameworks that encourage innovation while maintaining adherence to sharia principles. Meanwhile, in Russia, the evolution of Islamic economic institutions is more gradual and localized, primarily taking place in regions such as the Republic of Tatarstan, where cultural and demographic realities naturally support the growth of Islamic finance. Although Russia’s national regulatory environment has not fully accommodated Islamic financial products, increasing interest from both regional governments and economic actors has created momentum for gradual expansion. Pilot projects, partnerships with international Islamic financial institutions, and growing awareness among Russia’s Muslim communities indicate that Islamic economics is beginning to gain traction despite systemic challenges. Differences in political systems, cultural settings, and economic structures between Qatar and Russia shape the unique pathways through which Islamic economic institutions develop in each country. Overall, these dynamics reflect sincere and continuous efforts to present Islamic economics as a viable, ethical, and sustainable alternative capable of addressing modern economic demands while remaining firmly grounded in sharia values