Prospects for the introduction of the islamic financial system and banking products in Uzbekistan

Authors

Keywords:

Islamic banking, Islamic finance, sukuk, Islamic banking products, gharar, meisir, Islamic financial services, riba, usury, conventional banks, interest-free payments, loans, interest-free financing, risk sharing, Murabaha Mudaraba

Abstract

This article analyzes the need to introduce Islamic financial services and Islamic banking products into our
country's economy, their characteristics and types, advantages over traditional banking services, and methods for
using Islamic financial instruments. The state of implementation of Islamic banking products, existing problems in
their future development are also studied, and proposals for their elimination are being developed.

Published

2026-04-18

How to Cite

Rajabova, G. B. qizi. (2026). Prospects for the introduction of the islamic financial system and banking products in Uzbekistan. THE INNOVATION ECONOMY, 2(01). Retrieved from https://ojs.qmii.uz/index.php/ej/article/view/1201

Issue

Vol. 2 No. 01 (2026): The innovation economy

Section

MOLIYA, KREDIT VA INVESTITSIYA