{"id":4585,"date":"2025-06-11T09:59:02","date_gmt":"2025-06-11T09:59:02","guid":{"rendered":"https:\/\/interfinance.tsue.uz\/?p=4585"},"modified":"2025-06-11T09:59:27","modified_gmt":"2025-06-11T09:59:27","slug":"prospects-for-implementing-islamic-banking-products-salam-and-istisna-the-case-of-agrobank","status":"publish","type":"post","link":"https:\/\/interfinance.tsue.uz\/?p=4585","title":{"rendered":"PROSPECTS FOR IMPLEMENTING ISLAMIC BANKING PRODUCTS (SALAM AND ISTISNA): THE CASE OF AGROBANK"},"content":{"rendered":"<p>Khalilova Nilufar Ahmatovna,<br \/>\nTeacher of the Department of Social and Economic Sciences,<br \/>\nAndijan Branch of Kukan University<br \/>\nAndijan, Uzbekistan<br \/>\nEmail:nilufarahmatovna2405@gmail.com<br \/>\nJEL Classification:E5, E52<br \/>\nAbstract. This article examines the prospects for implementing Islamic banking products \u2014 Salam and Istisna contracts \u2014 in the commercial banking sector of <\/p>\n<p>Uzbekistan. These contracts represent Shariah-compliant financing mechanisms that can be effectively applied in the agricultural and industrial sectors. The study explores the economic and social effectiveness of these products through the case of Agrobank JSCB, using international experiences, qualitative content analysis, and expert surveys. The experts surveyed highlighted the significant potential of the Salam product in agriculture and the Istisna product in supporting the development of infrastructure and industry. Based on the findings, a model adapted to Uzbekistan\u2019s context was developed, along with recommendations for the effective implementation of these products. The need to conduct pilot projects, develop human resources, and enhance technological infrastructure was also emphasized.<br \/>\nKeywords: Islamic banking products, Salam, Istisna, Shariah-compliant financing, Agrobank, Uzbekistan banking sector, agricultural finance, infrastructure finance<\/p>\n\n\n<div data-wp-interactive=\"core\/file\" class=\"wp-block-file\"><object data-wp-bind--hidden=\"!state.hasPdfPreview\" hidden class=\"wp-block-file__embed\" data=\"https:\/\/interfinance.tsue.uz\/wp-content\/uploads\/2025\/06\/3Xalilova-N.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of 3+Xalilova N.\"><\/object><a id=\"wp-block-file--media-62084fd6-3868-410d-a29e-dde610500229\" href=\"https:\/\/interfinance.tsue.uz\/wp-content\/uploads\/2025\/06\/3Xalilova-N.pdf\">3+Xalilova N<\/a><a href=\"https:\/\/interfinance.tsue.uz\/wp-content\/uploads\/2025\/06\/3Xalilova-N.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-62084fd6-3868-410d-a29e-dde610500229\">Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Khalilova Nilufar Ahmatovna, Teacher of the Department of Social and Economic Sciences, Andijan Branch of Kukan University Andijan, Uzbekistan Email:nilufarahmatovna2405@gmail.com JEL Classification:E5, E52 Abstract. This article examines the prospects for implementing Islamic banking products \u2014 Salam and Istisna contracts \u2014 <a href=\"https:\/\/interfinance.tsue.uz\/?p=4585\" class=\"read-more\">Read More &#8230;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[69],"tags":[],"class_list":["post-4585","post","type-post","status-publish","format-standard","hentry","category-2025-3-issue-1-6"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>PROSPECTS FOR IMPLEMENTING ISLAMIC BANKING PRODUCTS (SALAM AND ISTISNA): THE CASE OF AGROBANK - Journal of International Finance and Accounting<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/interfinance.tsue.uz\/?p=4585\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"PROSPECTS FOR IMPLEMENTING ISLAMIC BANKING PRODUCTS (SALAM AND ISTISNA): THE CASE OF AGROBANK - Journal of International Finance and Accounting\" \/>\n<meta property=\"og:description\" content=\"Khalilova Nilufar Ahmatovna, Teacher of the Department of Social and Economic Sciences, Andijan Branch of Kukan University Andijan, Uzbekistan Email:nilufarahmatovna2405@gmail.com JEL Classification:E5, E52 Abstract. 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