The article deals with the history of development and basic ideas of Islamic feminist hermeneutics. In order to understand tendencies of development of the modern Islamic thought, it is important as well to study feminist ideas in their complexity. The author argues that feminist hermeneutics in Islam represents a set of approaches towards the interpretation of the Holy Qur’an, the Hadith and secondary sources of Islamic spiritual tradition. In the typological perspective, it is close to the so-called “Standpoint feminism”. The author singles out seven basic features to Islamic feminist hermeneutics, which are the religious frame of mind, following the principles of Islamic ethics, the use of so-called “contextual ijtihad”, accepting the egalitarist values, the critical approach to tradition, the critical approach towards the Hadith, use of the new methodology, which has its roots in the heritage of Neomodernist school of thought.