COMPARISON OF FINANCIAL PRODUCTS IN ISLAMIC BANKING ACROSS CENTRAL ASIAN COUNTRIES
PDF

Keywords

islamic finance
islamic finance in Central Asia
islamic banking
slamic finance in Tajikistan, Kyrgyzstan, Kazakhstan
islamic finance products

How to Cite

Yorqulov, U., & Abojeib, M. (2023). COMPARISON OF FINANCIAL PRODUCTS IN ISLAMIC BANKING ACROSS CENTRAL ASIAN COUNTRIES. Economics and Education, 24(6), 145–151. https://doi.org/10.55439/ECED/vol24_iss6/%x

Abstract

This article provides a brief overview and comparison of Islamic financial products offered in the banking sectors of Central Asian countries where the legal frameworks for the Islamic finance industry have been established, namely Kazakhstan, Kyrgyzstan and based on primary and secondary desk research.

https://doi.org/10.55439/ECED/vol24_iss6/%25x
PDF

References

Dinar Standard (2022). State of the Global Islamic Economy Report 2022

Qardus.com (2022). The Islamic Financial Services Industry Statistics. [Online]. Available at: https://www.qardus.com/news/the-islamic-financial-services-industry-statistics. (Accessed: 16.06.2022).

Dar H.A.(2007) ‘Incentive compatibility of Islamic financing’ in M. Kabir Hassan, Mervyn K. Lewis: Hand Book of Islamic Banking. Cheltenham. Edward Elgar Publishing. pp. 85-96

Khalid Hafeez, Abu Umar Faruq Ahmad (2014). ‘An Exploratory Analysis of Islamic Finance Products for Housing Finance in the UK Market’, The International Journal of Excellence in Islamic Banking and Finance 4(1):1-19

Khan N.Sh. et al. (2018). ‘Comparative Analysis of Islamic Banking Products in Pakistan and Malaysia’. Peshawar. Al-Idah, Shaykh Zayed Islamic Centre University of Peshawar. 36(Issue-II):11-24

Adilet.zan.kz (2023). Law on banks and banking activities in the Republic of Kazakhstan [Online]. Available at < https://adilet.zan.kz/eng/docs/Z950002444_> (Accessed: 09.05.2023)

Andoz.tj (2023) Tax Code of the Republic of Tajikistan [Online]. Available at: https://andoz.tj/docs/kodex/tax_code_RT_01.01.2022_ru.pdf (Accessed: 21.10.2023)

National Bank of Kyrgyz Republic: official website (2023) Trends of development of banking sector [Online]. Available at: https://www.nbkr.kg/index1.jsp?item=80&lang=RUS (Accessed: 05.05.2023).

National bank of Kazakhstan (2023) Statistics [Online]. Available at: https://nationalbank.kz/ru/news/banks-reporting/rubrics/1928 (Accessed on 21.10.2023)

National Bank of Tajikistan (2023). Financial indicators of banks [Online]. Available at: https://www.nbt.tj/ru/banking_system/finance_bank_pokazatel.php (Accessed: 05.05.2023).

AlHilal Bank: Official website.(2023) Corporate clients [Online]. Available at: https://alhilalbank.kz (Accessed: 09.05.2023)

Tawhidbank: official website (2023) Individuals and legal entities. [Online]. Available at: https://tawhidbank.tj/ (Accessed: 09.05.2023).

EcoIslamic bank (2022). Financing [Online]. Available at: https://eib.kg/ (Accessed: 01.10.2022).

Islamic finance center. Official website (2023) Products [Online]. Available at: https://ifcenter.kg/en/ (Accessed: 09.05.2023).

Zaman Bank: Official website.(2023) Individual and corporate clients [Online]. Available at: https://zamanbank.kz/ (Accessed: 09.05.2023)

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Copyright (c) 2024 Economics and education