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USURY INTEREST, ISLAMIC BANKING, PARTNERSHIP FINANCING: SYNTHESIS OF LEGAL AND ETHICAL PRINCIPLES

Gazizullin Rishat Ilnurovich  (Candidate of Economic Sciences, Associate Professor of the Department of Economic Security and Taxation, Vice-Rector for Financial Activities of work: Federal State Autonomous Educational Institution of Higher Education "Kazan (Volga Region) Federal University")

The article substantiates the thesis that the legislative and law enforcement problems of modern financial transactions are due to the inextricable interweaving of economic, ethical and legal relations. On the example of usurious interest and de lege ferenda partner financing, the importance of proportionality of restrictions on the principle of freedom of contract when concluding financial transactions in the context of public demand for sustainable economic growth, improving the welfare of citizens, social partnership, economic and social solidarity is shown.

Keywords:freedom of contract, usurious interest, partner financing (Islamic banking).

 

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Citation link:
Gazizullin R. I. USURY INTEREST, ISLAMIC BANKING, PARTNERSHIP FINANCING: SYNTHESIS OF LEGAL AND ETHICAL PRINCIPLES // Современная наука: актуальные проблемы теории и практики. Серия: ЭКОНОМИКА и ПРАВО. -2023. -№10. -С. 107-112 DOI 10.37882/2223-2974.2023.10.08
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