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Given the lack of eagerness from the federal authorities to study this issue, we should not expect it for another two or three years," said Oleg Ivanov, vice-president of the Regional Banks Association of Russia.
Ivanov's association has tried without success to include Islamic finance into Russia's strategy for developing its banking system to 2015, which was adopted by the government two months ago."The government and the Central Bank did not support us," Ivanov told AFP.
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