Islamic financial institutions in the european economy, at the end of XX century the interest to alternative 
Islamic economic model gradually grows. In practice
 Fundamentals and Principles of Islamic FinanceThe paper aims to analyze the current stage of development of 
Islamic finance and define
 Islamic financial institutions in the european economy, at the end of XX century the interest to alternative 
Islamic economic model gradually grows. In practice
 From "Islamic fundamentalism" to "political Islam" (a critical analysis of modern "Western" concepts) the modern 
Islamic phenomenon in general and «political Is- lam» in particular. It analyzes the development
 Towards Understanding the Essence of the Phenomenon of Modern ‘Political Islam’. Part 1This article is the second part of the general study about the modern 
Islamic phenomena