INVESTMENT POTENTIAL OF THE TAKAFUL SYSTEM AND ITS INTEGRATION INTO THE ISLAMIC CAPITAL MARKET

Authors

  • Umid Muradovich Khudayberdiyev Author

Keywords:

Keywords: Takaful, Islamic insurance, investment potential, sukuk, Shariah-compliant capital market, Islamic financing, digital innovation, integration, Shariah governance, regional cooperation, financial stability.

Abstract

Abstract: This thesis analyzes the investment potential of the Takaful insurance system and its integration opportunities into the Islamic capital market. The study examines Sharia-compliant investment activities of Takaful companies, their participation through sukuk and Islamic funds, as well as integration into local and international financial infrastructure. Using Uzbekistan as a case study, the analysis explores factors such as digital innovations, regional cooperation, the activity of Shariah supervisory boards, and financial stability. As a conclusion, the paper justifies the role of Takaful not only as a means of social protection but also as a significant investment player in the capital market.

Author Biography

  • Umid Muradovich Khudayberdiyev

    Chairman of the Board, "AMANA SU'GURTA" JSC,

    Senior Lecturer, Tashkent State University of Economics

Published

2025-05-05