UZBEKISTAN’S TRANSITION TO A GREEN ECONOMY STRATEGY: CURRENT CHALLENGES AND PROMISING OPPORTUNITIES

Ikromova Munisa Ikrom Qizi

GREEN ECONOMY AND DEVELOPMENT, 2024, vol. 2

Abstract: This theoretical article analyzes the fundamental principles of the Islamic economic system and its distinctivefeatures compared to secular economic models. It highlights core values such as justice, honesty, prohibition of usury,social equality, and prioritization of public interest. The article also discusses the role of Islamic financial institutions,the interest-free banking system, zakat, and other socio-financial mechanisms in promoting economic development.The study demonstrates that the Islamic economic model is based not only on religious principles but also on practicalmechanisms capable of ensuring stability and social justice

Keywords: economic justice; Islamic economy; theoretical research (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:teu:ged000:v:2:y:2024:id:7234

DOI: 10.5281/zenodo.17380421

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