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Doing Islamic business in Russia

Tatarstan has discovered a new money-making opportunity: providing services to its Muslim community.

The majority of its inhabitants are Muslims. After the suppression of religion during the Soviet Union, Tatarstan is now rediscovering its Islamic roots - and seeking closer ties with other Muslim countries, in the Middle East or South East Asia.

Russia's first logistics hub for halal products (products that comply with Islamic purity laws) has just opened in Kazan.

The republic's annual trade turnover with the Islamic world has increased from $93m to $3 Billion in 10 years - nearly a quarter of its annual trade.

Emma Simpson reports.

Russia Business Report

  • 31 Aug 2010
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