PROSPECTS OF THE APPLICATION OF THE ISLAMIC FINANCIAL SYSTEM IN THE ACTIVITY OF UZBEKISTAN BANKS

Fayziev Farrukh Abdullahojaevich

PROSPECTS OF THE APPLICATION OF THE ISLAMIC FINANCIAL SYSTEM IN THE ACTIVITY OF UZBEKISTAN BANKS

Authors

Fayziev Farrukh Abdullahojaevich Docent of the Department of “Taxes and Taxation” at the Fiscal Institute under the State Tax Committee

Keywords:

Commercial banks, isiamic finance, musharakah, sukuk

Abstract

In the article isdiscussed the ways of Islamic financial instruments usingin commercial banks, as well analysis of its advantages and prospects for development. The article also presents the existing problems in the Islamic financial instruments in the activities of commercial banks of the Republic of Uzbekistan, as well as the author's approaches and proposals for their solution and prospects for theseimplementation development.

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Published

2022-10-21

How to Cite

Fayziev Farrukh Abdullahojaevich. (2022). PROSPECTS OF THE APPLICATION OF THE ISLAMIC FINANCIAL SYSTEM IN THE ACTIVITY OF UZBEKISTAN BANKS. World Economics and Finance Bulletin, 15, 122-127. Retrieved from https://scholarexpress.net/index.php/wefb/article/view/1516