{"id":6099,"date":"2026-10-19T10:08:06","date_gmt":"2026-10-19T10:08:06","guid":{"rendered":"https:\/\/interfinance.tsue.uz\/?p=6099"},"modified":"2026-10-19T10:08:06","modified_gmt":"2026-10-19T10:08:06","slug":"a-regulatory-reporting-model-for-takaful-operators-international-standards-ifsb-aaoifi-and-the-practice-of-uzbekistan","status":"publish","type":"post","link":"https:\/\/interfinance.tsue.uz\/?p=6099","title":{"rendered":"A REGULATORY REPORTING MODEL FOR TAKAFUL OPERATORS: INTERNATIONAL STANDARDS (IFSB, AAOIFI) AND THE PRACTICE OF UZBEKISTAN"},"content":{"rendered":"<p><strong><em>Umid Muradovich Khudoyberdiev <\/em><\/strong><\/p>\n<p><em>Independent Applicant, <\/em><\/p>\n<p><em>Tashkent State University of Economics <\/em><\/p>\n<p><em>E-mail: <\/em><a href=\"mailto:umidvip@gmail.com\"><em>umidvip@gmail.com<\/em><\/a><\/p>\n<p><em>ORCID: 0000-0000-0000-0000 <\/em><\/p>\n<p><strong><em>Abstract. <\/em><\/strong><em>The paper proposes a regulatory reporting model for takaful windows and takaful operators in Uzbekistan. Drawing on a structural analysis of the supervisor&#8217;s quarterly reporting package (26 tables), a comparison with IFSB-11, IFSB-25, IFSB-27, AAOIFI FAS 42\/43 and the rules of the Malaysian, Bahraini and UAE supervisors, and document analysis and a survey of operating takaful windows (2026), it shows that although at least eight windows (22% of insurers) operate, the segment remains invisible in official statistics. A three-block model based on the principle of &#8220;minimum change, maximum information&#8221; is proposed: a takaful flag in the Unified Automated Information System with automatic aggregation in existing forms; a 13-line quarterly &#8220;takaful fund report&#8221; in which every line is mapped to an international standard; and a register of takaful windows including Shariah governance data. Early-warning indicators and a three-stage implementation schedule are substantiated.<\/em><\/p>\n<p><strong><em>Keywords: <\/em><\/strong><em>takaful, takaful window, regulatory reporting, IFSB-25, AAOIFI FAS 43, participants&#8217; fund, qard hasan, wakala, prudential supervision, Uzbekistan.<\/em><\/p>\n\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Umid Muradovich Khudoyberdiev Independent Applicant, Tashkent State University of Economics E-mail: umidvip@gmail.com ORCID: 0000-0000-0000-0000 Abstract. The paper proposes a regulatory reporting model for takaful windows and takaful operators in Uzbekistan. Drawing on a structural analysis of the supervisor&#8217;s quarterly reporting <a href=\"https:\/\/interfinance.tsue.uz\/?p=6099\" 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":[79],"tags":[],"class_list":["post-6099","post","type-post","status-publish","format-standard","hentry","category-2026-5-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>A REGULATORY REPORTING MODEL FOR TAKAFUL OPERATORS: INTERNATIONAL STANDARDS (IFSB, AAOIFI) AND THE PRACTICE OF UZBEKISTAN - 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=6099\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"A REGULATORY REPORTING MODEL FOR TAKAFUL OPERATORS: INTERNATIONAL STANDARDS (IFSB, AAOIFI) AND THE PRACTICE OF UZBEKISTAN - Journal of International Finance and Accounting\" \/>\n<meta property=\"og:description\" content=\"Umid Muradovich Khudoyberdiev Independent Applicant, Tashkent State University of Economics E-mail: umidvip@gmail.com ORCID: 0000-0000-0000-0000 Abstract. The paper proposes a regulatory reporting model for takaful windows and takaful operators in Uzbekistan. 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