Assessment of Islamic finance and opportunities for its development in Kazakhstan

When we look at the evolution of Islamic banking, especially after the 1990s, it is noteworthy that Islamic banking has achieved an important development momentum both in the world and in Central Asia. In Kazakhstan, one of the important countries of Central Asia, Islamic banking is also developed p...

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Main Authors: G. Zh. Azretbergenova, A. O. Syzdykova, A. A. Saparova, J. K. Jetibayev
Format: Article
Language:English
Published: Institute of Economics under the Science Committee of Ministry of Education and Science RK 2020-12-01
Series:Экономика: стратегия и практика
Subjects:
Online Access:https://esp.ieconom.kz/jour/article/view/237
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author G. Zh. Azretbergenova
A. O. Syzdykova
A. A. Saparova
J. K. Jetibayev
author_facet G. Zh. Azretbergenova
A. O. Syzdykova
A. A. Saparova
J. K. Jetibayev
author_sort G. Zh. Azretbergenova
collection DOAJ
description When we look at the evolution of Islamic banking, especially after the 1990s, it is noteworthy that Islamic banking has achieved an important development momentum both in the world and in Central Asia. In Kazakhstan, one of the important countries of Central Asia, Islamic banking is also developed parallel to the development trend in the region. Islamic banking has been on the agenda especially in the aftermath of the 2008 global economic crisis. In fact, it is thought that by 2030, Kazakhstan will become an Islamic center for the CIS and Central Asian countries, thus becoming an important key country for the development of Islamic finance. In view of this importance in the Islamic banking sector, this study focuses on the past, present and future of Islamic banking in Kazakhstan.
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spelling doaj.art-19d8103c7c0340f697c9474b3d3ff4012023-03-13T07:45:29ZengInstitute of Economics under the Science Committee of Ministry of Education and Science RKЭкономика: стратегия и практика1997-99672663-550X2020-12-0115489100234Assessment of Islamic finance and opportunities for its development in KazakhstanG. Zh. Azretbergenova0A. O. Syzdykova1A. A. Saparova2J. K. Jetibayev3Международный казахско-турецкий университет имени Ходжи Ахмеда ЯсавиМеждународный казахско-турецкий университет имени Ходжи Ахмеда ЯсавиМеждународный казахско-турецкий университет имени Ходжи Ахмеда ЯсавиМеждународный казахско-турецкий университет имени Ходжи Ахмеда ЯсавиWhen we look at the evolution of Islamic banking, especially after the 1990s, it is noteworthy that Islamic banking has achieved an important development momentum both in the world and in Central Asia. In Kazakhstan, one of the important countries of Central Asia, Islamic banking is also developed parallel to the development trend in the region. Islamic banking has been on the agenda especially in the aftermath of the 2008 global economic crisis. In fact, it is thought that by 2030, Kazakhstan will become an Islamic center for the CIS and Central Asian countries, thus becoming an important key country for the development of Islamic finance. In view of this importance in the Islamic banking sector, this study focuses on the past, present and future of Islamic banking in Kazakhstan.https://esp.ieconom.kz/jour/article/view/237исламский банкингтрадиционный банкингшариатказахстансукуктакафулпроцентисламский банк развития
spellingShingle G. Zh. Azretbergenova
A. O. Syzdykova
A. A. Saparova
J. K. Jetibayev
Assessment of Islamic finance and opportunities for its development in Kazakhstan
Экономика: стратегия и практика
исламский банкинг
традиционный банкинг
шариат
казахстан
сукук
такафул
процент
исламский банк развития
title Assessment of Islamic finance and opportunities for its development in Kazakhstan
title_full Assessment of Islamic finance and opportunities for its development in Kazakhstan
title_fullStr Assessment of Islamic finance and opportunities for its development in Kazakhstan
title_full_unstemmed Assessment of Islamic finance and opportunities for its development in Kazakhstan
title_short Assessment of Islamic finance and opportunities for its development in Kazakhstan
title_sort assessment of islamic finance and opportunities for its development in kazakhstan
topic исламский банкинг
традиционный банкинг
шариат
казахстан
сукук
такафул
процент
исламский банк развития
url https://esp.ieconom.kz/jour/article/view/237
work_keys_str_mv AT gzhazretbergenova assessmentofislamicfinanceandopportunitiesforitsdevelopmentinkazakhstan
AT aosyzdykova assessmentofislamicfinanceandopportunitiesforitsdevelopmentinkazakhstan
AT aasaparova assessmentofislamicfinanceandopportunitiesforitsdevelopmentinkazakhstan
AT jkjetibayev assessmentofislamicfinanceandopportunitiesforitsdevelopmentinkazakhstan