Islamic banking and finance potential in Central Asian countries
Central Asia comprises five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Collectively, they have a population of over 70 million people, the majority of whom are Muslims. The region has been experiencing significant economic growth in recent years, driven by the abun...
Saved in:
| Main Author: | |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Islamic Finance News
2023
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/104921/1/104921_Islamic%20banking%20and%20finance%20potential.pdf http://irep.iium.edu.my/104921/ https://www.islamicfinancenews.com/islamic-banking-and-finance-potential-in-central-asian-countries.html |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| Summary: | Central Asia comprises five countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan.
Collectively, they have a population of over 70 million people, the majority of whom are Muslims. The region has been experiencing significant economic growth in recent years, driven by the abundance of natural resources, increased foreign investment, and infrastructural development projects.
However, the traditional banking and finance system has not been able to meet the needs of the entire population, particularly those in rural areas and among the economically marginalized. |
|---|