Landscaping Analysis of Islamic Finance Instruments in Uzbekistan

Landscaping Analysis of Islamic Finance Instruments in Uzbekistan

June 17, 2020

The Islamic financial system is a holistic system in which all financial activities are implemented in the framework of Islamic law (Sharia). The main objective of this system is to achieve the fair distribution of both risks and benefits among business project participants. This approach helps ensure the circulation of money in the economy, increases economic activity, and prevents the accumulation of large amounts of money in the hands of certain small groups.

To find out more about the prospects of introducing Islamic Finance in Uzbekistan, please download this publication.