This article analyzes the methodological foundations for applying Islamic financial instruments in Uzbekistan and proposes key directions for their improvement in line with international standards. A comparative evaluation of AAOIFI and IFSB guidelines, along with the experiences of leading Islamic finance markets such as Malaysia, the UAE, and Turkey, is conducted. The findings indicate that the development of Islamic finance in Uzbekistan requires enhancements in the legal framework, institutional structure, product design methodology, risk management practices, Shariah governance, and tax treatment. Addressing these methodological gaps is essential for ensuring the sustainable and effective growth of Islamic finance in the country.

This article explores and examines the experience of the UAE, where the Islamic finance system has significantly developed. The history of the development of the islamic financial system in the country, its current status, the establishment of Islamic banking, the practices of Islamic project financing, and the obstacles to its growth along with solutions for overcoming them have been analyzed. Furthermore, this article discusses the directions in which the UAE's experience in this field could be utilized to address the challenges faced in the development of Islamic finance in Uzbekistan.

This article provides an in-depth analysis of public-private partnership (PPP) mechanisms in Uzbekistan, focusing on international best practices and the potential for their adaptation to national conditions. Case studies from the United Kingdom, Turkey, China, Canada, Australia, Singapore, Malaysia, India, UAE, and South Korea are examined, highlighting their advantages, disadvantages, risk management approaches, and institutional frameworks. The paper explores barriers, opportunities, financial and legal aspects of PPP development in Uzbekistan, employing SWOT and PESTEL analyses. Statistical data on investment volumes, job creation, and the impact of PPP on improving the quality of tourism services are included. Finally, the study proposes 10 concrete recommendations for government, private sector, and international stakeholders.