This article provides a comparative analysis of the key principles underlying traditional Western finance and Islamic finance. The two financial systems are examined in terms of their foundational philosophies, practices around interest and risk-sharing, ethical constraints, and governance models. Key areas of similarity and difference are highlighted. The analysis reveals that while both systems aim to facilitate economic activity, significant disparities exist in their fundamental principles. Islamic finance is built upon religious tenets emphasizing risk-sharing, the prohibition of interest, and ethical constraints on permissible investments
This article provides a comparative analysis of the key principles underlying traditional Western finance and Islamic finance. The two financial systems are examined in terms of their foundational philosophies, practices around interest and risk-sharing, ethical constraints, and governance models. Key areas of similarity and difference are highlighted. The analysis reveals that while both systems aim to facilitate economic activity, significant disparities exist in their fundamental principles. Islamic finance is built upon religious tenets emphasizing risk-sharing, the prohibition of interest, and ethical constraints on permissible investments
Ushbu maqola an’anaviy moliya va Islomiy moliya asosidagi asosiy tamoyillarning qiyosiy tahlilini taqdim etadi. Ikki moliyaviy tizim o‘zlarining asosiy falsafalari, qiziqish va xatarlarni taqsimlash amaliyoti, axloqiy cheklovlar va boshqaruv modellari nuqtai nazaridan ko'rib chiqiladi. O‘xshashlik va farqning asosiy sohalari ko‘rsatiladi. Tahlil shuni ko‘rsatadiki, ikkala tizim ham iqtisodiy faoliyatni yengillashtirishga qaratilgan bo‘lsa-da, ularning asosiy prinsiplarida sezilarli farqlar mavjud. Islomiy moliya xavfni taqsimlash, foizlarni taqiqlash va ruxsat etilgan investitsiyalarga axloqiy cheklovlarni ta’kidlaydigan diniy qoidalarga asoslanadi.
В этой статье проводится сравнительный анализ ключевых принципов, лежащих в основе традиционных западных и исламских финансов. Две финансовые системы рассматриваются с точки зрения их основополагающей философии, практики распределения процентов и рисков, этических ограничений и моделей управления. Выделяются ключевые области сходства и различия. Анализ показывает, что, хотя обе системы направлены на облегчение экономической деятельности, в их фундаментальных принципах существуют значительные различия. Исламские финансы основаны на религиозных принципах, подчеркивающих разделение рисков, запрет на проценты и этические ограничения на допустимые инвестиции.
| № | Author name | position | Name of organisation |
|---|---|---|---|
| 1 | Xikmatov A.A. | Master student | Digital Economy, Bukhara State University |
| 2 | Nurov Z.S. | teacher | Department of Economics, Bukhara State University |
| № | Name of reference |
|---|---|
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