The Islamic finance industry resiliently grew by 17% in 2021, reaching nearly US$4 trillion in total assets. The growth was evident across sectors including Islamic banking, Sukuk, Islamic funds, and other financial institutions. Notably, Islamic banking, comprising 70% of assets, expanded due to government support, operational efficiency, and strong demand. Net income surged by 290%, while average return on assets also increased. The rise of fully digital Islamic banks globally and responses to the LIBOR transition, such as Malaysia's MYOR-i and Oman's Islamic money market instruments, highlighted industry innovation. Efforts to enhance sustainability, governance, knowledge, and awareness through the Islamic Finance Development Indicator (IFDI) underscore industry progress, positioning Islamic finance for continued growth and innovation.

This article analyzes the fact that innovation is becoming one of the most
characteristic features of economic development and a factor that accelerates market
development. Also, suggestions and recommendations are given that the rapid development of entrepreneurship can be achieved through the wide use of innovations in the modern world. The introduction of modern innovative technologies is a positive step for enterprises. Effective informatization of innovative technologies significantly increases macroeconomic indicators and socio-economic development processes of the enterprise, which leads to an increase in the quality and level of management decisions, the efficiency of information processes and services, which in turn improves socio-economic, scientific, technical, improves cultural and other indicators of life.
The introduction of information in all processes and the development of modern digital
technologies will have a positive effect on GDP growth. Digital technologies will significantly change the efficiency of the world economy. Global network, digital devices are drivers of economic growth. For this reason, their role in networks is of incomparable importance. The stages and importance of integration of digital technologies with socio-economic spheres are mentioned.

The article analyzes sukuk, which are considered Islamic securities. The experience of foreign countries regarding the issuance and circulation of sukuk has been studied. The author explained his attitude and opinions on the statistical data given in the cross-section of countries and years. Based on the results of the research, conclusions are presented that are considered important for the economy of our country. The article emphasizes the benefits of using the sukuk instrument.

Multifamily housing funds face the challenge of providing high-quality service while managing complex financial structures and competing demands. This article explores the need for a more efficient service system for multifamily housing stocks, focusing on areas such as tenant communications, maintenance times, and financial transparency.

This article carried out scientific and theoretical views of foreign and domestic scientists on the development of banking activities as a result of factors of formation of digital assets, improving the circulation of digital assets, scientific and theoretical analysis of data on the management of digital assets in commercial banks.

This article analyzes the level of development of Uzbekistan's securities market, as well as existing problems and shortcomings. The study examines the current state of the stock market, the activities of government and private sector securities, and their economic efficiency. Key issues identified include the low liquidity of the securities market, the limited range of investment instruments, weak integration into international financial markets, and a lack of financial literacy. Additionally, the article explores factors such as the underdevelopment of capital market infrastructure, information asymmetry, and the limited opportunities for Islamic finance.

This article presents a literature review of the experience of foreign scientists in improving the financial activities of state-owned enterprises. Official data and analyzes of the Ministry of Economy and Finance of the Republic of Uzbekistan are also provided. Based on this literature review and analysis, practical suggestions and recommendations are presented.

These findings underscore the need for context-specific corporate governance models to optimize overall financial performance and mitigate risk. This research contributes to the understanding of how multiple governance models affect bank stability globally and provides information for policy makers and bank executives aiming to improve governance frameworks. These findings underscore the need for context-specific ways of corporate governance to optimize economic performance and mitigate risk. This research contributes to the expert knowledge of the ways in which different governance models affect the global stability of financial institutions and provides information for policymakers and bank executives aiming to improve governance frameworks.

Our article discusses the importance of international financial organizations and their role in economic development, as well as an analysis of Uzbekistan's current financial relations with international financial organizations and the prospects for expanding cooperation between them. The main areas of cooperation are analyzed using the example of the International Monetary Fund (IMF) and the World Bank.

After gaining independence, Uzbekistan established active relations with international financial institutions. In particular, it has implemented a number of major projects in the fields of agriculture, transport, healthcare, education, infrastructure, energy, and construction. In recent years, reforms aimed at liberalizing the economy and increasing investment attractiveness have led to further expansion of cooperation. The article highlights Uzbekistan's promising projects with these organizations aimed at sustainable development, green economy, inclusive economy, poverty reduction, employment generation, and creation of modern infrastructure through long-term strategies. As a result of this cooperation, it is envisaged that our country will strengthen its integration into the global economy.

This article analyzes the issues of financial support of non-governmental non-profit organizations in the form of state grants and offers suggestions for improving the system.

The article studied the reforms carried out in our country on the reform of the tax system, their results, the forms and importance of tax control in the further improvement of the tax system along with the scientific-theoretical views of foreign and domestic scientists. Proposals and conclusions have been made to ensure effective tax control.

This article describes large-scale reforms aimed at creating favorable conditions for doing business in the tax and financial sectors, improving the investment climate and further strengthening the confidence of business circles in our republic in recent еars. At the same time, such areas as underground trade and public catering, road transport, housing construction and repair, the provision of personal services were studied, scientific and practical conclusions and proposals were formed on foreign experience and its application in our country.

Blockchain technology has been a hot topic in recent years. On October 10,
2019, Secretary General Xi Jinping publicly stated for the first time the importance of developing
blockchain technology and urged people to think about using blockchain technology to transform
the economic structure. Various industries, including high-tech manufacturing, digital finance,
supply chain management and the Internet, are striving to integrate blockchain technology into
them to promote product updates and innovations. Similarly, blockchain technology is also
considered applicable to the field of auditing in order to better contribute to the development of
this area. This article discusses the application of blockchain technology in the field of auditing

Behavioral finance, which has recently entered the fields of finance and economics with a fresh perspective, challenges the traditional economic concepts of rational decision-making. This field emphasizes that to conduct more accurate analyses in economics, it is necessary to account for human psychological decisions, cognitive biases, and the role of emotions in decision-making. By considering the limitations of available opportunities and the diversity of choices, behavioral finance shows that we can gain more insights into market participants. These shifts can have a significant impact across various sectors and contribute to more precise decision-making at the national level, enhancing the financial well-being of the state and its citizens.

Transparency plays a key role in the IPO process of public companies, as it ensures investor confidence and stimulates capital inflows. This research work aims to analyze the importance of transparency in the context of privatization of public assets through IPO. Particular attention is paid to the role of transparency in minimizing risks for investors and increasing the efficiency of investment. Based on an analysis of literature and practical cases, the study reveals the relationship between the level of transparency and the success of IPOs of state-owned companies, and also offers recommendations for improving mechanisms for ensuring transparency in the privatization process. The results of the study can be useful for both government agencies and financial market participants, helping to improve the quality of the IPO process and increase confidence in the investment environment.

In this article, special attention is paid to further reducing the negative impact on the competitiveness of the republic's economy by gradually reducing the monopoly on commodity and financial markets, improving the efficiency of the system of granting benefits and preferences, as well as reducing the regulatory burden on business entities and radically improving the interaction of taxpayers in the implementation of tax administration and the fulfillment of tax obligations of the republic.

This article explores the problems associated with the activities of risk-sharing financing models, primarily, in terms of Islamic financial instruments. It lists the disadvantages of risk-shifting mechanisms and the achievements of risk-sharing financing. Simultaneously, it discusses the main causes of problems with risk-sharing financing and strategies to eliminate them. It analyzes the problems connected with information asymmetry, moral hazard, adverse selection, principle-agent relations, and incentive structures.

Sukuk, an integral part of the Islamic financial system, is showing its competitiveness in the traditional securities market line as the source of financing is based on assets. This article examines the scientific research of researchers devoted to a number of issues, such as the history of Islamic securities (sukuk), development trends, directions for its release on a state scale. The analysis was summed up and several additional suggestions were made at the end of the article.

The article discusses the importance of financial literacy in solving the urgent strategic task of reducing poverty and ensuring the well-being of the people. It analyzes trends in the socio-economic development of the country's regions. It examines the dependence of the level of financial literacy on education and age, as well as foreign experience in conducting financial literacy lessons. The author draws conclusions on the organization of teaching financial literacy to various groups of the population.

A short-term sukuk is an Islamic securities whose maturing period takes place within a year.This article provides statistical analysis on a number of issues such as the short-term type of Islamic securities (sukuk), the year-cross analysis of short-term sukuk emissions, and the causes of growth and decline trends. The statistical analysis used the annual reports of the International Islamic financial market(IIFM)on sukuk. The analysis was summed up and several additional points were given at the end of the article

This article has studied and analyzed various scientific works that describe the instruments of Islamic finance and project financing through Islamic finance, as well as its differences and advantages from the traditional financing system. During the study and analysis of scientific works, international experience was studied and ways to further improve the financing of projects through Islamic instruments were presented. At the same time, from the scientific works carried out within the framework of ScienceDirect, Google Scholar and Researchgate, 54 articles on the topic were studied, 24 of which were reflected in this article.

Excise tax is a critical component of government revenue and makes a significant contribution to government revenues around the world. This tax is imposed on specific goods, such as alcohol, tobacco and fuel, in order to generate revenue and regulate consumption. This article provides the composition of excise tax payers, the role of excise taxes in generating state budget revenues of the Republic of Uzbekistan, as well as recommendations for improving the efficiency of administration of this tax.

This article provides information on the theoretical foundations, organizational and management system, and principles of practical application of the Islamic financial instrument Ijara (Islamic leasing), as well as the differences between Islamic and traditional leasing. In addition, Islamic finance in Uzbekistan, in particular, the practice of the ijara (Islamic leasing) contract and the possibilities of Islamic finance to attract domestic and foreign investments are presented.

In this article, the need for a mortgage loan, its working mechanisms, and specific aspects of the Islamic mortgage offered by Islamic financial institutions were studied. Also, the Islamic financial instruments used in housing financing in different countries and their advantages were analyzed, and a comparative analysis of the Islamic mortgage and the mortgage offered by traditional banks was also carried out.

The article covers the purpose, theoretical foundations and significance of sukuk emission in attracting capital from the international financial market. The different characteristics of sukuk from traditional bonds, the dynamics of change in the number of sukuk issuing countries and their distribution by country, the stages of circulation of sukuk certificates and the total volume of global short-term sukuk emissions have been analyzed. Proposals and recommendations for the introduction of sukuk are presented in Uzbekistan.