DIFFERENCES BETWEEN ISLAMIC BANK AND TRADITIONAL BANKS
Keywords:
Islamic finance, trade finance corporation, microfinance organization, Sharia law, risk, financial market.Abstract
This article details the development trends of Islamic financial services in Uzbekistan and initiatives to create a legal framework. Issues of cooperation with international Islamic financial institutions are also covered. Analytical data on the prospects for the development of Islamic banks and financing services, as well as the work carried out by the state in this direction, are presented on the differences between Islamic banks and traditional banks.
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