Title of article :
THE NEED FOR ISLAMIC BANKING SERVICES IN COMMERCIAL BANKS OF UZBEKISTAN AND ITS POSITIVE IMPACT ON ECONOMIC GROWTH
Author/Authors :
Sultanovich ، Tursunov Anvar Tashkent Institute of Finance
Abstract :
This article presents the development of Islamic banking services, development trends in the World Bank financial system and the factors influencing the growth of the country’s economy. Today, two-thirds of Islamic finance is concentrated in Islamic banks. The urgency of establishing Islamic banking services in commercial banks is highlighted. There are practical suggestions and recommendations for the development of this area.
Keywords :
Islamic Economy , Islamic Banking , Commercial Bank , Islamic Window , Interest (Ribo) , Zakat (Property Tax)
Journal title :
SAARJ Journal on Banking and Insurance Research
Journal title :
SAARJ Journal on Banking and Insurance Research
