The Implementation of Islamic Financial Services in Uzbekistan
Babamatov Tolib KhakimovichResearcher, Scientific Research Center for the Scientific Foundations, and Problems of Developing the Economy of Uzbekistan under Tashkent State University of Economics, Tashkent, Uzbekistan
ABI
Abstract
This article presents the ways to introduce Islamic financial services, ways to develop strategies and tools for introducing Islamic financial services. Islamic finance is the organization of financial services in accordance with Islamic law and delivering them to customers based on ethical values. It is a holistic system, just like traditional finance. It has its own special norms, legal norms and significant differences from traditional finance. Also, this article presents the existing problems in implementing the first goal of Islamic finance in accordance with Sharia, as well as the author's approaches and proposals for their elimination.
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