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- 29.07.2026 15:55:00
slamic bonds—Sukuk—to be introduced in Uzbekistan
The Legislative Chamber of the Oliy Majlis has adopted the draft law "On the Capital Market" in the first reading. Under the draft law, new financial instruments—including Sukuk (Islamic bonds), sustainable development bonds, and other modern securities—will be introduced in Uzbekistan. The draft law aims to strengthen investor protection, develop the capital market in line with international standards, and attract greater domestic and foreign investment. Sukuk is an investment instrument that operates on an interest-free basis and complies with Islamic Sharia principles.
