DEVELOPMENT PROSPECTS OF ISLAMIC BANKING AND FINANCIAL SERVICES

Authors

  • Davron Toshpulatov

DOI:

https://doi.org/10.47390/B1342V3SI1Y2023N06

Keywords:

Islamic finance, Islamic banking, Sharia, traditional banking, Uzbekistan, Islamic Development Bank.

Abstract

The article presents the history of the origin of Islamic finance, the basics of Islamic finance, the principles of Islamic finance, Islamic financial contracts, the nature and functions of money in Islamic finance, the activities emphasized in Islamic finance, the differences between conventional banking and Islamic banking. At the same time, the opinions of local and foreign scholars on Islamic finance were studied. Scientific proposals and conclusions on the development of Islamic banking and financial services are also given.

Author Biography

Davron Toshpulatov

Doctor of Economic Sciences

JSC “Uzbekistan Mortgage Refinancing Company”

References

https://www.qardus.com/news/the-islamic-financial-services-industry-statistics#:~:text=Currently%2C%20the%20Islamic%20finance%20sector,over%202.7%20trillion%20USD%20globally.

https://www.gov.uz/uz/news/view/7659

https://kun.uz/news/2020/12/29/ozbekistonda-islom-moliyasi-xizmatlarini-joriy-qilish-vaqti-keldi-shavkat-mirziyoyev

https://kun.uz/news/2021/09/02/koplab-fuqarolarimiz-islom-moliyasi-xizmatlaridan-foydalanishni-xohlaydi-ilhom-norqulov

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Ahmad, Khurshid (1992), “Nature and Significance of Islamic Economics”, in Ausaf Ahmad and Awan (eds.), Lectures on Islamic Economics. Jeddah: Islamic Development Bank.

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Аброров С. Ўзбекистонда сукук - исломий қимматли қоғозларни жорий этиш истиқболлари, Тошкент, 2020.

Nagimova A. “ISLAMIC FINANCE IN THE CIS COUNTRIES”. Academus Publishing, 2021.

М.М. Музаффаржон Муҳаммадаминович Низомиддинов Ислом молияси асослари ва тамойиллари 3 Ноябрь 2021 йил

BIBM

Islamic corporation for the development of the private sector

Published

2023-03-16

How to Cite

Toshpulatov, D. (2023). DEVELOPMENT PROSPECTS OF ISLAMIC BANKING AND FINANCIAL SERVICES. Ижтимоий-гуманитар фанларнинг долзарб муаммолари / Актуальные проблемы социально-гуманитарных наук / Actual Problems of Humanities and Social Sciences., 3(S/1), 44–54. https://doi.org/10.47390/B1342V3SI1Y2023N06