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KEY ASPECTS OF DEVELOPMENT ISLAMIC FINANCE THE REPUBLIC OF KAZAKHSTAN

Journal: Theoretical & Applied Science (Vol.25, No. 05)

Publication Date:

Authors : ;

Page : 19-29

Keywords : Islamic financial instruments; Islamic economy; Islamic banking; Islamic finance; Islamic financial institutions; financing; Islamic Development Bank; the Republic of Kazakhstan; state regulation;

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Abstract

This article discusses some of the theoretical and applied aspects of Islamic economic theory, marked differences of Islamic financing from traditional banking. The article describes the historical attitudes towards lending rate. The analysis of the specific conditions of the transactions. Marked obstacles for the development of Islamic finance in Kazakhstan. Proposals for the development of Islamic finance in Kazakhstan.

Last modified: 2015-07-06 23:33:48