Implementing Islamic Banking Services in Uzbekistan
Absamatov Askar Ergashovich
Termiz State University Researcher at the Department finance and financial technologies
https://doi.org/10.47191/jefms/v7-i8-12ABSTRACT:
The paper focuses on the implementation of Islamic financial products in Uzbekistan. The study explores Islamic finance's fundamental ideas and concepts and evaluates the global experience in its advancement. The study examines the potential and challenges associated with implementing Islamic finance in Uzbekistan and analyses the current range of Islamic financial goods and services available in the nation. The book employs techniques of comparative analysis, statistical analysis, and case study analysis. The study's findings enable us to conclude the potential of Islamic financing in fostering the economic development of Uzbekistan and provide recommendations for its efficient implementation.
KEYWORDS:
Islamic finance, Islamic banking, Uzbekistan, financial sector, economic development, investment, sukuk, musharaka, murabaha, ijara, takaful
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