Abstract
The purpose of this article is to develop proposals and recommendations aimed at the formation and development of Islamic finance in Uzbekistan based on the study of best practices of countries with developed Islamic finance. At the same time, the article sheds light on the unique aspects of the dualistic financial system, after studying the world experience in this direction, offers and recommendations are developed for its implementation in national financial practice.
Keywords
Dualistic financial system
Islamic finance
traditional finance
Islamic capital market
Islamic banks