Advertisement

Pioneer Islamic Economics and Banking Experience in Tsarist Russia

  • Mohyedine Hajjar
  • Fatih Habib
Chapter
Part of the Palgrave Studies in Islamic Banking, Finance, and Economics book series (IBFE)

Abstract

Muslims in Tsarist Russia played a pioneering role in establishing Islamic economics and banking. The Tatar scholars ensured a profound reflection on Islamic economics. Tatar Islamic press also contributed to the diffusion of Islamic economics awareness and appealed to Muslims to enhance the economy, to develop industry and financial institutions, and to prohibit ribā. Their efforts led to the appearance of the first known journal, named Iqtisad, dedicated to the Islamic economy. This journal presented the first use of the idea of “Islamic Bank”. Tatar theologians used the mutual banks prototype to launch Islamic banking activity, as was the case of the mutual bank of the city of Samara. Sources mention that an Islamic bank was established in 1912 in St. Petersburg.

Keywords

Islamic economics Islamic banking Islam Russia Tatar First Islamic bank First Islamic economic journal 

Bibliography

  1. Arena: Atlas of Religions and Nationalities, Russian Federation, Среда (Sreda). 2012, realised in cooperation with the All-Russia Population Census 2010 (Всероссийской переписи населения 2010) and the Russian Ministry of Justice (Минюста РФ).Google Scholar
  2. Azamatov, Danil : “The Muftis of the Orenburg Spiritual Assembly in the 18th and 19th Centuries: The Struggle for Power in Russia’s Muslim Institution”, in Anke von Kugelgen; Michael Kemper; Allen J. Frank, Muslim culture in Russia and Central Asia from the 18th to the early 20th centuries, 1998, vol. 2: Inter-Regional and Inter-Ethnic Relations, Berlin: Klaus Schwarz Verlag, pp. 355–384.Google Scholar
  3. Bulatov: Laktsy (XIXe-début du XXe siècle). Essais historiques et ethnographiques, Makhachkala, 2000.Google Scholar
  4. Imogen Bell: Eastern Europe, Russia and Central Asia 2003, Europa Publications, 3rd edition 2002.Google Scholar
  5. Bigiyev, M.: Zakāt, published by Muhammad Alim Maksudov, Petrograde, 1917.Google Scholar
  6. Vladislav Davidzon : “Why Russia is no place to be Charlie”, online on: https://www.tabletmag.com/scroll/188502/why-russia-is-no-place-to-be-charlie (seen on June 27, 2018).
  7. Delkic, Melina: “Putin says Islamic Schools can help stop destructive ideas”, online on: https://www.newsweek.com/putin-pledges-support-islamic-schools-russia-791561 (seen on June 27, 2018).
  8. Elting, John: Swords Around a Throne: Napoleon’s Grande Armée, Perseus Books Group, 1997.Google Scholar
  9. Farah, Caesar: Islam: Beliefs and Observances, Barron’s Educational Series Inc., 5th édition, 1994.Google Scholar
  10. Frank, Allen J. Muslim Religious Institutions in Imperial Russia: The Islamic World of Novouzensk District and the Kazakh Inner Horde, 1780–1910, Vol. 35. Brill, 2001.Google Scholar
  11. Forbes, Andrew: Warlords and Muslims in Chinese Central Asia: A Political History of Republican Sinkiang 1911–1949, Cambridge University Press, 1986.Google Scholar
  12. Allen J. Frank: Islamic Historiography and “Bulghar” Identity Among the Tatars and Bashkirs of Russia, BRILL, 1998.Google Scholar
  13. Gazizullin F.G.: Tatar economic thought on the way to Marxism, 1880–1917, PhD thesis in history, Kazan, 1980.Google Scholar
  14. Hunter, Shireen; et al.: Islam in Russia: The Politics of Identity and Security, Routledge, 2004.Google Scholar
  15. Khodarkovsky, Michael: Russia’s Steppe Frontier: The Making of a Colonial Empire, 1500–1800, Indiana University Press, 2004.Google Scholar
  16. Lieven, Dominic: Russia Against Napoleon: The True Story of the Campaigns of War and Peace, Penguin Publishing Group. 2010.Google Scholar
  17. Al-Mijāwī, Abdelqadir & Brīhmāt, ʿUmar: Al-Mirṣād, reedited by Abdelrazzak Belabes, Center of scientific publications, King Abdelaziz University, 2014.Google Scholar
  18. Mako, Gerald: “The Islamization of the Volga Bulghars: A Question Reconsidered”, in Archivum Eurasiae Medii AEVI. 18 (2011), pp. 199–223.Google Scholar
  19. Solovyov: History of Russia from the Earliest Times. AST. 2001.Google Scholar
  20. Zaripov, Islam: “Review of publications of Tatar theologians on the Islamic economy”, Journal of the Russian Islamic Institute “Minbar”, 2011, N°1 (7), pp. 33–44.Google Scholar
  21. Zaripov, Islam: ““Iqtisad” – The first Russian magazine on Islamic Economics”, ФИЛОЛОГИЯ И КУЛЬТУРА. PHILOLOGY AND CULTURE. 2013. N°1(31), pp. 193–197.Google Scholar
  22. Zaripov & Safarov: Akhmetzyan Mustafin: Extrait de l’histoire de l’islam en URSS, Medina, Moscou, 2017.Google Scholar

“Iqtisad” Articles (in Historical Order)

  1. “Objective and methodology”, “Iqtisad” Magazine, 1908, N°1, p. 1.Google Scholar
  2. “Issues related to the Islamic Bank”, “Ikatisad” magazine, 1909a, N°6, pp. 169–171.Google Scholar
  3. “Issues related to the Islamic Bank”, “Ikatisad” magazine, 1909b, N°7, pp. 203–205.Google Scholar
  4. “Issues related to the Islamic Bank”, “Ikatisad” magazine, 1909c, N°9, pp. 266–267.Google Scholar
  5. “Mutual bankers [loan association – cooperation]”, Magazine Iqatisad, 1911, N°3, pp. 73–74.Google Scholar
  6. Mahmoud Iskhakov: “Issues related to the Islamic Bank”, Magazine Iqatisad, 1913, N°5–6, pp. 141–143.Google Scholar
  7. “Mutual loaning Bank in Samara”, Magazine “Iqatisad”, 1913, N°3, pp. 74–75.Google Scholar
  8. “How we organize the Bank”, Magazine “Iqatisad”, 1913, N°4, pp. 104–105.Google Scholar

Copyright information

© The Author(s) 2019

Authors and Affiliations

  • Mohyedine Hajjar
    • 1
  • Fatih Habib
    • 2
  1. 1.Pantheon-Sorbonne UniversityParisFrance
  2. 2.University of KazanKazanRussia

Personalised recommendations