THE INTRODUCTION OF ISLAMIC FINANCE IN CENTRAL ASIA AND ROLE IN THE ECONOMY

Authors

  • Usmonjon Habibjonov International Nordik University

Keywords:

Islamic finance, Islamic financial institutions, foreign economic relations, Islamic banking, investment, economic growth, economic stability

Abstract

This study highlights the global role of Islamic finance, the importance of Islamic finance principles, and its potential to contribute to economic growth and stability. In the literature analysis part of the research, the scientific works of foreign and local researchers on the subject were studied. We used the comparative method in the methodological part of our research work. In the analysis and results part of the research, the existing legal framework for the introduction of the Islamic financial system in the countries of the world and the CIS, in particular, Russia, Kazakhstan, Kyrgyzstan, Tajikistan and Uzbekistan, is mentioned. Also, information was given about the activities carried out in the development of the Islamic financial segment and the organizations operating on the basis of the principles of Islamic finance.

References

Usmonjon, H. (2024). XITOYNING “BIR MAKON, BIR YO ‘L” DASTURINING UMUMIY TUZILMASI VA DUNYO IQTISODIYOTIDAGI O ‘RNI. Research and Publication, 1(1), 59-67.

Habibjonov, U. (2024). Xorijiy mamlakatlarda erkin iqtisodiy zonalarni samarali tashkil qilishning o ‘zaro solishtirma tahlili (Xitoy misolida). Nordic_Press, 1(0001).

Published

2024-03-26

Issue

Section

Research articles

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