KAPITAL BOZORIDA ISLOMIY QIMMATLI QOG'OZLAR MUOMALASINI TASHKIL ETISHNI TAKOMILLASHTIRISH

Mirmahmudova Nozima Xusniddinovna

doi:10.5281/zenodo.22006231

25.08.2026

Oʻzbekcha

KAPITAL BOZORIDA ISLOMIY QIMMATLI QOG'OZLAR MUOMALASINI TASHKIL ETISHNI TAKOMILLASHTIRISH

Published

25.08.2026

Journal

Zamonaviy fan: innovatsion yondashuvlar va yosh tadqiqotchilarning dolzarb izlanishlari

Issue

Zamonaviy fan: innovatsion yondashuvlar va yosh tadqiqotchilarning dolzarb izlanishlari

Pages

670-672

DOI

10.5281/zenodo.22006231

Authors

Mirmahmudova Nozima Xusniddinovna

Abstract

Ushbu tezisda O‘zbekistonda ishlab chiqilayotgan yangi tahrirdagi "Kapital bozori to‘g‘risida"gi qonun loyihasi doirasida islomiy qimmatli qog‘ozlar (sukuk) muomalasini tashkil etish masalalari tahlil qilinadi. 2026-yilda Prezident tomonidan e’lon qilingan suveren islom obligatsiyalari (sukuk) dasturi, Markaziy bankning shariat standartlarini joriy etish rejalari hamda kapital bozori infratuzilmasini isloh qilish choralari ko‘rib chiqiladi. Tezisda Malayziyaning islomiy kapital bozorini rivojlantirish tajribasi bilan qiyosiy tahlil o‘tkazilib, sukuk turlari (sherikchilik, ijara, savdo, agentlik), shariat boshqaruvi tizimi va investorlar bazasini kengaytirish masalalari yoritiladi. Tahlil natijalari asosida O‘zbekistonda islomiy qimmatli qog‘ozlar bozorini tashkil etishni takomillashtirish bo‘yicha amaliy tavsiyalar ishlab chiqiladi

Keywords

Islom moliyasi kengashi Malayziya tajribasi investorlar islom moliyasi kapital bozori qimmatli qog'ozlar shariat standartlari sukuk

Other language versions

English

This thesis analyzes the organization of Islamic securities (sukuk) circulation within the framework of Uzbekistan's new draft Law "On the Capital Market". It examines the sovereign sukuk program announced by the President in 2026, the Central Bank's plans to adopt Sharia standards, and measures to reform capital market infrastructure. A comparative analysis is conducted with Malaysia's experience in developing its Islamic capital market, covering sukuk types (musharakah, ijarah, murabahah, agency), Sharia governance systems, and investor base expansion. Based on the findings, practical recommendations are developed for improving the organization of Islamic securities circulation in Uzbekistan

Islamic Finance Council Islamic finance Malaysian experience Sharia standards capital market investors securities sukuk

References

1. O‘zbekiston suveren islom obligatsiyalarini chiqarishni boshlaydi // Spot.uz, 2026-yil, 17-iyun.

2. Sukuk, opsion va fyucherslar: O‘zbekiston kapital bozorini qanday rivojlantirmoqchi? // Spot.uz, 2026-yil, 23-iyun.

3. Markaziy bank islom moliyasi bo‘yicha 7 ta standartni qabul qilishni rejalashtirmoqda // Spot.uz, 2026-yil, 16-iyun.

4. O‘zbekistonda qimmatli qog‘ozlar bozorini rivojlantirishning xalqaro strategik yo‘nalishlari // CyberLeninka, 2026.

5. IMARC Group. Sukuk Market Size, Share, Growth & Industry Forecast 2034, 2025.

6. Securities Commission Malaysia. Capital Market Masterplan 2026–2030 (KLSE Screener sharhi asosida), 2026.

7. O‘zbekiston Respublikasi Markaziy banki. Davlat qimmatli qog‘ozlarini joylashtirish bo‘yicha e’lon, 2026-yil, 4-avgust.

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