Development Stages and Trends of Islamic Finance in Global Practice

This scientific article analyzes the development of Islamic finance in recent years. Through the analysis, it demonstrates the growing assets of Islamic finance and the increasing share of Islamic financial services, using descriptive statistical methods. Additionally, the position of the Islamic finance industry in the global financial services market is evaluated, and its development stages and distinctive features are identified. Factors and conditions influencing the development of Islamic finance have been studied. The article also examines key achievements in the scientific research conducted on this topic and discusses the perspectives on Islamic finance proposed in these studies.