Islamic Banking Dispute Resolution in Uzbekistan

As Uzbekistan movesto formalize Islamic banking through the landmark 2025 draft Law on Islamic Banking and Finance, the nation faces the critical challenge of resolving disputes within a secular civil-law framework. This article examines Uzbekistan’s emerging hybrid disputeresolution model, which seeks to balance Shariah principles with established judicial procedures. Utilizing a doctrinal analysis of the new legislation and comparative insights from jurisdictions like Malaysia and Singapore, the study details a multi-layered framework consisting of internal Shariah Boards, a Central Bank Islamic Finance Council, and a newly proposed Banking Ombudsman.The findings reveal that Uzbekistan has opted for “integration without parallelism” -eschewing separate religious courts in favor of secular economic courts guided by expert Shariah oversight. Furthermore, the paper highlights the strategic adoption of international ADR standards, including the New York Convention and the Singapore Convention on Mediation, to bolster investor confidence. The study concludes that while the framework effectively addresses religious compliance and consumer protection, its ultimate success depends on secondary legislation, tax neutrality, and the rapid development of local Shariah-legal expertise.

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