THE NEED TO DEVELOP THE ACTIVITIES OF ISLAMIC WINDOWS IN BANKS

Authors

  • Nurmuradova S.A Master of Banking and Finance Academy of the Republic of Uzbekistan

Keywords:

Islamic finance, religious beliefs, riba, principles and rates of Islamic finance.

Abstract

The development of Islamic windows in banks provides an opportunity to improve and strengthen the social protection system of the population in the process of transition to a competitive market economy. The introduction of the principles and definitions of this institution is of great importance at a new stage of the country's economic development.

This article analyzes the concept of the Islamic financial system, its characteristics and significance, its impact on the national mentality and public life, the principles of Islamic finance, the problems of opening branches and their solutions.

The article is based on research and legal analysis of Islamic finance. The ethical, legal, economic and personnel issues of the establishment of Islamic branches in the bank have been studied and the author's conclusions have been formed on this issue.

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Published

2024-04-01