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THE ROLE OF “GREEN” SUKUK IN GREEN TRANSFORMATION PROCESSES IN UZBEKISTAN

Field of Science:HistoryLanguage and LinguisticsPhilosophyReligious StudiesPsychologySocial SciencesEducationPolitical Science and International Relations
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ARTICLE ANNOTATION

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This article examines the potential of “green” sukuk, an Islamic financing instrument, in the transition to a green economy in Uzbekistan. The country’s economic and financial situation, the current state of Islamic finance and the sukuk market, as well as the theoretical foundations of “green” sukuk are analyzed, and the possibilities for implementing this instrument are identified. The paper presents strategies and practical recommendations for developing the regulatory framework to implement “green” sukuk. The role of the first “green” sukuk issuance planned in Uzbekistan in facilitating the transition to a “green” economy is explored.

AUTHORS

R.Abdullayev

"O`ZBEKISTON XALQARO ISLOM AKADEMIYASI" DAVLAT MUASSASASI

Tags

# green bonds# mudaraba# green sukuk# Islamic financing# Islamic windows# special purpose vehicle (SPV)# sukuk issuer

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References

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