THEORETICAL FOUNDATIONS OF THE ISLAMIC CAPITAL MARKET

Abstract

Capital markets play a very important role in providing financial resources necessary for the production of goods and services in the real sector of the economy. In this regard, it is crucial to develop the capital markets within the framework of the Islamic financial system, expanding its capabilities and providing new financial instruments for market participants. This article analyzes the theoretical foundations of the Islamic capital market, the experience of countries around the world in its organization, the activities of institutions in the Islamic capital market, research and discussions on investments in securities markets. The paper explaines the principles of the Islamic capital market and the processes of implementing contracts used in this market. It provides some suggestions on using the advantages of the Islamic capital market in our country