KAZANSUMMIT

Top international investment conference remains the main and unique platform for cooperation between the Russian Federation and the OIC member states.

[1] According to the Charter of the International Economic Summit “Russia-Islamic World: KazanSummit”, the aim of the Summit is a strengthening trade, economic, scientific, technical, social and cultural ties of the Republic of Tatarstan and members countries of the Organization of Islamic Cooperation, as well as to promote the development of Islamic financial system institutions in the Russian Federation.

During the event the participants discuss the problems, gain new knowledge, exchange experience, conclude contracts and find new business partners.

It is worth noting that in addition to the events with Islamic specifics, various seminars, meetings, discussions on general and narrow-profile topics are held.

So, at the Summits in different years the issues of ecology, attractiveness of Russian regions for the investors, export and foreign economic relations, agriculture and tourism were discussed.

The idea of holding such an event in the capital of Tatarstan came up in June 2008 in conjunction with the Islamic Development Bank, in the International Investment Conference.

[3] It was attended by 250 people from the Kingdom of Saudi Arabia, the United Arab Emirates, Morocco, Malaysia, Indonesia, Pakistan, Qatar, Lebanon, Bahrain, Sudan, Great Britain, France, Luxembourg, Turkey, Kazakhstan, Kyrgyzstan, Azerbaijan, Russia and other countries.

"[4] At the official opening ceremony of KAZANSUMMIT 2010 were Minnikhanov, Ex Premier of Malaysia Dr. Mahathir Mohamad, Member of the House of Lords Mohamed Iltaf Sheikh, manager of the Islamic Corporation for Private Sector Development Khaled Al-Aboodi, Advisor to the Secretary General of OIC Nabiki Diallo, and Russia's permanent representative to the OIC Kamil Iskhakov.

Minnikhanov, Prime Minister of Tatarstan Ildar Khalikov, Kamil, the Chairman of the Organizing Committee of KAZANSUMMIT, head of the Investment Promotion Agency Linar Yakupov, Assistant Plenipotentiary of the Russian Federation President in the Volga Federal District Muaed Kankulov,[6] and the foreign guests, including the General Director of the Islamic Centre for Development of Trade (ICDT with OIC) Allan Rushdie,[7] who is a member of the UK House of Lords, and Lord Nazir Ahmed.

During the summit, the participants discussed such major problems as ensuring world food security, the development of the Islamic economy and finance, investment, etc.

The key topic of the strategic forum was the investors, business and government interaction in solving food security problems in Russia and the OIC countries.

Russia was represented at the summit by participants from Moscow, St. Petersburg, Kamchatka, Bashkortostan, Orenburg, Sverdlovsk, Rostov, Nizhny Novgorod, Samara, Tomsk regions.

Also among visitor there were Ahmed Galal Eldin, the chairman of the Association IBIA, Necdet Sensoy, Member of the Central Bank of Turkey Board of Directors, Victor Chetverikov, the president of the National Rating Agency and Vladimir Korovkin, Head of Innovations and Digital Research.

Islamic finance for constructive global trade and investment was the main theme of the VII International economic summit of Russia and OIC members countries in 2015.

In December 2015, according to the Decree of the President of the Republic of Tatarstan, the event was renamed the "VIII International Economic Summit" Russia - Islamic World: KazanSummit 2016.

A leading international platform has been created to discuss issues of cooperation and implementation of joint projects, as well as an opportunity to present economic and investment potential of Russia.

KazanSummit 2017 brought together 2641 participants from international organizations, federal and local authorities, financial institutions, embassies of 15 states, members of parliament, investors and businessmen, representing 53 country, and 250 journalists.

For the tenth time, the platform in Kazan brought together representatives of international organizations, public authorities, financial institutions, embassies, members of Parliament, leading investors and businessmen, top managers of Russian and foreign companies.

The Industrial Parks Forum brought together 3 key components of successful business: investments, technologies, infrastructure and also more than 2000 guests and participants from 30 countries and Russian regions.

At the discussion platform of the Summit in 2019 the results of study on the introduction of Islamic financial instruments into the business model of Sberbank were presented.

Besides the session participants discussed the current development of Islamic finance in Russia and potential of cooperation of the Russian entrepreneurs and the partners from the Persian Gulf countries.

The event presented the capabilities of the new Islamic fintech project PayZakat-a digital payment system for collecting and distributing donations based on artificial intelligence.

At the initiative of Tatarstan Investment Development Agency a partnership agreement between “VAQF KAZAN” Fund and PlayZakat platform was signed.

42 agreements were signed on the sidelines of the Summit, including the Cooperation Agreement between the Russian Islamic Institute and Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI, Bahrain), the Memorandum of Cooperation between the Spiritual Administration of Muslims of the Republic of Tatarstan and Management company “Ak Bars Capital”, Agreement on the creation of the Fund for the construction of the Cathedral Mosque in Kazan, Memorandum of understanding between the Tashkent region of the Uzbekistan republic and Joint-Stock company “Innovative industrial park-Technopark in the field of information technology IT-park”, technopolis “Khimgrad” and others.

Traditionally, among the participants: heads of subjects and municipalities, ministries and departments, industrial enterprises, engineering centers, institutions of higher education.

5 designers participated in the Kazan Modest Fashion Show 2019: NIKAH CENTER, ARIMAS DRESS, AAM LAURISHA, SHAFIRA, IRD BY INDRIYA R.DANI.

The geography of the films participating in the festival is vast: European countries (France, Germany, Serbia, Portugal, Iceland, Bosnia and Herzegovina, etc.