ISLAMIC MICROFINANCE IN UZBEKISTAN: STATE AND STRUCTURAL ANALYSIS
DOI:
https://doi.org/10.60078/2992-877X-2025-vol3-iss9-pp316-321Abstract
The development of the Islamic microfinance system in the Republic of Uzbekistan is of great importance for ensuring financial inclusion and economic growth. The research analyzes the structure of Islamic microfinance institutions, their performance indicators, and development prospects. The results show that there are opportunities for further system development through improving the legal framework and implementing international experience.
Keywords:
Islamic microfinancing Uzbekistan microfinance Islamic bank financial inclusion sukuk financialReferences
Abdullayev, A. A. (2023). Islamic microfinance development prospects in Central Asia: Uzbekistan case study. *Journal of Islamic Banking and Finance*, 11(2), 45-62.
Ahmed, H., & Rahman, M. A. (2021). Microfinance and financial inclusion in Muslim-majority countries: A comparative analysis. *International Journal of Islamic and Middle Eastern Finance and Management*, 14(3), 567-585.
Bozarov, B. S. T. (2022). Prospects for the implementation and legal regulation of Islamic financial products in the Republic of Uzbekistan. *The American Journal of Political Science Law and Criminology*, 4(1), 85-92.
Danilov, Y., & Yandiev, M. (2020). Islamic finance development in emerging markets: Challenges and opportunities. *Emerging Markets Finance and Trade*, 56(8), 1842-1858.
Hassan, M. K., Aliyu, S., & Paltrinieri, A. (2019). A bibliometric analysis of Islamic finance and banking. *International Review of Economics & Finance*, 68, 217-247.
Iqbal, M., & Llewellyn, D. T. (Eds.). (2023). *Islamic banking and finance: New perspectives on profit-sharing and risk*. Edward Elgar Publishing.
Jumagulov, A. E. (2023). Legal approaches to the introduction of Islamic investment funds in Uzbekistan. *The American Journal of Political Science Law and Criminology*, 5(2), 25-34.
Khan, F. (2020). How 'Islamic' is Islamic banking? *Journal of Economic Behavior & Organization*, 176, 428-448.
Mohieldin, M., et al. (2022). The role of Islamic finance in enhancing financial inclusion in Organization of Islamic Cooperation (OIC) countries. *Islamic Economic Studies*, 30(1), 1-25.
Nurmatov, B. K., & Karimova, S. T. (2024). Микрофинансирование в Узбекистане: современное состояние и перспективы развития. *Экономика и финансы*, 15(3), 78-92.
Rashidova, M. A. (2021). Islamic banking principles and their application in microfinance: Evidence from Uzbekistan. *Central Asian Economic Review*, 8(4), 112-128.
Safiullaeva, R., Uryadova, T. N., & Demchenko, I. A. (2022). Islamic financial system: History, features and prospects for the development of Islamic finance in Russia. *Kant Journal*, 44(3), 156-172.
Tashkent State University of Economics. (2023). *Islamic finance development in Uzbekistan: Current state and future prospects*. TSUE Publishing.
Wilson, R. (2020). Challenges and opportunities for Islamic banking and finance in emerging markets. *Islamic Economic Studies*, 28(2), 35-52.
World Bank Group. (2021). *Global Islamic finance report 2021: Sustainable and responsible finance*. World Bank Publications.
Yunus, M. (2019). *A world of three zeros: The new economics of zero poverty, zero unemployment, and zero carbon emissions*. PublicAffairs.
Zulkhibri, M., & Abdul Manap, T. A. (2021). Financial inclusion and Islamic microfinance: A literature review and research agenda. *Research in International Business and Finance*, 56, 101374.
ЎРҚ-765-сон. (2022). Нобанк кредит ташкилотлари ва микромолиялаштириш фаолияти тўғрисида. *Lex.uz*. https://lex.uz/docs/5972411
Downloads
Published
How to Cite
Issue
Section
License
This work is licensed under a Creative Commons Attribution 4.0 International License.
