{"id":5630,"date":"2026-06-14T14:03:44","date_gmt":"2026-06-14T14:03:44","guid":{"rendered":"https:\/\/interfinance.tsue.uz\/?p=5630"},"modified":"2026-06-14T14:04:19","modified_gmt":"2026-06-14T14:04:19","slug":"analysis-of-the-stability-and-development-trends-of-the-islamic-financial-services-industry","status":"publish","type":"post","link":"https:\/\/interfinance.tsue.uz\/?p=5630","title":{"rendered":"ANALYSIS OF THE STABILITY AND DEVELOPMENT TRENDS OF THE ISLAMIC FINANCIAL SERVICES INDUSTRY"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong><em>Nuritdinova Zarnigorkhon Fazliddin qizi<\/em><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>Tashkent State University of Economics , PhD student<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>E-mail: zarizar6760@gmail.com<br>Orcid: 0009-0006-9300-6859<\/em><strong><br><\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Abstract. <\/em><\/strong><em>This article analyzes the development trends and stability of the global Islamic finance industry based on the Islamic Financial Services Industry Stability Report 2025 published by the Islamic Financial Services Board (IFSB). The research used statistical analysis, comparative analysis, and dynamic series methods. The results show that global Islamic finance assets reached US$3.88 trillion in 2024, recording an annual growth rate of 14.9 percent. Although Islamic banks account for 71.6 percent of the sector, significant growth was also observed in the sukuk and takaful segments. The results of the study indicate the need to develop capital markets, deepen the sukuk market, and reduce dependence on murabaha-based instruments to increase the stability of the Islamic financial system.<\/em><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong><em>Keywords: <\/em><\/strong><em>Islamic finance, Islamic banks, murabaha, sukuk, IFSB, financial stability, takaful.<\/em><\/p>\n\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\/2026\/06\/22Nuritdinova-Zarnigorxon.pdf\" type=\"application\/pdf\" style=\"width:100%;height:600px\" aria-label=\"Embed of 22+Nuritdinova Zarnigorxon.\"><\/object><a id=\"wp-block-file--media-864b9ec3-d87d-40d3-87d3-7218faa0f580\" href=\"https:\/\/interfinance.tsue.uz\/wp-content\/uploads\/2026\/06\/22Nuritdinova-Zarnigorxon.pdf\">22+Nuritdinova Zarnigorxon<\/a><a href=\"https:\/\/interfinance.tsue.uz\/wp-content\/uploads\/2026\/06\/22Nuritdinova-Zarnigorxon.pdf\" class=\"wp-block-file__button wp-element-button\" download aria-describedby=\"wp-block-file--media-864b9ec3-d87d-40d3-87d3-7218faa0f580\">Download<\/a><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Nuritdinova Zarnigorkhon Fazliddin qizi Tashkent State University of Economics , PhD student E-mail: zarizar6760@gmail.comOrcid: 0009-0006-9300-6859 Abstract. This article analyzes the development trends and stability of the global Islamic finance industry based on the Islamic Financial Services Industry Stability Report 2025 <a href=\"https:\/\/interfinance.tsue.uz\/?p=5630\" 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":[75],"tags":[],"class_list":["post-5630","post","type-post","status-publish","format-standard","hentry","category-2026-3-issue-1-6"],"_links":{"self":[{"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/posts\/5630","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5630"}],"version-history":[{"count":2,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/posts\/5630\/revisions"}],"predecessor-version":[{"id":5634,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=\/wp\/v2\/posts\/5630\/revisions\/5634"}],"wp:attachment":[{"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5630"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5630"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/interfinance.tsue.uz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5630"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}