DEVELOPMENT PROSPECTS OF ISLAMIC BANKING AND FINANCIAL SERVICES
DOI:
https://doi.org/10.47390/B1342V3SI1Y2023N06Keywords:
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.
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BIBM
Islamic corporation for the development of the private sector
