Factors of development of islamic financial institutions in modern conditions

Ulug’bek Xayitmurodov; Liliya Liliya

doi:10.47689/2181-1415-vol3-iss4/S-pp20-25

Xayitmurodov Ulug’bek Magistr, Tashkent state university of law
Achilova Liliya Associate Professor, PhD, Business Law department, Tashkent state university of law

DOI

https://doi.org/10.47689/2181-1415-vol3-iss4/S-pp20-25

Keywords

ФАКТОРЫ РАЗВИТИЯ ИСЛАМСКИХ ФИНАНСОВЫХ ИНСТИТУТОВ В СОВРЕМЕННЫХ УСЛОВИЯХ.

Abstract

Nowadays, Islamic investment funds and types of Islamic finance are spreading at a rapid pace around the world. It should be especially noted that even Western countries, where the vast majority of the population do not profess the Islamic religion, willingly switch to the Islamic financial system. Of course, the main factor in this trend is the fairness and minimum risk in the Islamic financial system, as well as the absence of interest-bearing loans. What is attractive not only for entrepreneurs, but also for ordinary citizens. The question arises: “What factors contribute to such a rapid spread of Islamic finance?”.

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https://tass.ru/obschestvo/1877469

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Published

2022-06-03

How to Cite

Xayitmurodov , U., & Liliya, L. (2022). Factors of development of islamic financial institutions in modern conditions. Society and Innovation, 3(4/S), 20–25. https://doi.org/10.47689/2181-1415-vol3-iss4/S-pp20-25