Moscow, April 2026
Central Asia Group (CAG) was proud to participate in the prestigious XXVI April International Academic Conference named after E.G. Yasin, hosted by the National Research University Higher School of Economics (HSE), one of Russia’s leading research institutions.
Tabarruk Nabijon, Founder & President of Central Asia Group, contributed to the roundtable session titled “Rethinking Finance: Pathways to Sustainable and Inclusive Systems” a high-level academic discussion on the transformation of Islamic finance into a broader model of partnership finance and its potential to address pressing global economic challenges.
The session brought together leading scholars and practitioners to examine the rapid growth of global debt now exceeding USD 102 trillion and the structural limitations of traditional lending models. Discussions explored how partnership finance instruments, including Mudarabah-based models and sukuk structures, offer a fundamentally different logic: replacing debt obligation with co-investment, risk-sharing, and asset-backed participation.
CAG’s contribution drew on the livestock investment platform as a live case study demonstrating how a 1,400-year-old Islamic finance principle can be operationalised through modern digital infrastructure, built by a Central Asian founder for a global Muslim investor community.
The conference brought together academics, policymakers, and international practitioners across economics, law, and Islamic finance reflecting the growing recognition of partnership finance as a mainstream alternative in the evolving global financial landscape.
CAG is committed to contributing to this global academic and policy conversation, bridging Central Asia’s rich intellectual heritage with the practical demands of today’s financial systems.
For more information about CAG’s research and advisory work, contact us at [email protected]
