Prospects for the Development of Islamic Finance in the Republic of Uzbekistan
Keywords:
islamic finance, modernization, globalization, Islamic Development Bank, murobakha, implementation, interest ratesAbstract
Islamic finance has gained prominence worldwide as an alternative and ethical financial system, promoting economic stability and inclusivity. In recent years, Uzbekistan has shown a growing interest in developing its Islamic finance sector, recognizing its potential to attract foreign investments and foster economic growth. This report explores the perspectives of Islamic finance in Uzbekistan and emphasizes the crucial role of foreign investments in advancing this sector
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