Prospects of Implementing Islamic Financial Mechanisms to Uzbekistan

Authors

  • Ibroxim Rixsiboyevich Toymuxamedov Professor of the Department of Banking and Investment Tashkent State University of Economics
  • Akmal Ruzimamatovich Norov Professor of the Department of Banking and Investment Tashkent State University of Economics
  • Ma’rifat To’lqin qizi Ibodullayeva Doctor of philosophy of the Department of Banking and Investment Tashkent State University of Economics
  • Gavkhar Bekmurodova Doctor of philosophy of the Department of Banking and Investment Tashkent State University of Economics
  • Ugiloy Aliqul qizi Farmanova Senior Lecturer of the Department of Banking and Investment Tashkent State University of Economics

Keywords:

commercial banking, Islamic banking system, traditional banking services, valley, mudoraba, resource, partnership, loan portfolio, diversification, Islamic principles

Abstract

The article analyzes through models that through the development of Islamic finance can not only increase bank income but also have a positive impact on the liquidity of commercial banks. The analyzes the introduction of Islamic finance and Islamic banking in Uzbekistan and provides practical recommendations.

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Published

2023-02-10

How to Cite

Toymuxamedov, I. R. ., Norov, A. R. ., Ibodullayeva, M. T. qizi ., Bekmurodova, G. ., & Farmanova, U. A. qizi . (2023). Prospects of Implementing Islamic Financial Mechanisms to Uzbekistan. EUROPEAN JOURNAL OF BUSINESS STARTUPS AND OPEN SOCIETY, 3(2), 34–41. Retrieved from http://inovatus.es/index.php/ejbsos/article/view/1443

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