FEATURES OF BUSINESS PARTNERSHIP IN ISLAMIC LAW
The high proportion of Muslims in Russia and in the world necessitates a thorough analysis of economic issues that will contribute to the growth of business and investment activity. This work is devoted to the study of the types of partnerships that correspond to the Islamic concept. The article examines the features of the most famous Islamic financial instruments like musharaka and mudaraba. Despite their non-proliferation, they are the main ones from the standpoint of the spirit of the Islamic economy. The essence of sukuk is also considered, highlighting the key rules when using it in a variety of variations possible in theory. In conclusion, the requirements in Islamic law for shares for investment are analyzed in the short and the long term. Moreover, everyone can use these criteria to evaluate a joint stock company. The conclusions made will expand the theoretical basis for the functioning of organizations that comply with institutional features of a confessional nature, and will help in practice to attract investors without violating Islamic law within the framework of the Russian legislative field. Solving the set tasks will allow entrepreneurs to solve the problem of lack of financial resources, which can create the preconditions for the growth of the country's economy as a whole.