Possible Use of "Sukuk" Securities as a Source of Financing for the Projects in Oil and Gas Industry
The paper dwells upon the possible use of “sukuk” securities as a source of financing for the projects in oil and gas industry of the Republic of Tatarstan. The authors outline major characteristics and tendencies on the market of Islamic financing, which includes emission of “sukuk”. The paper presents positive international experience and emphasizes core features of issuing “sukuk” by oil and gas industries of the Republic of Tatarstan.