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Economics

Central Bank Approves Licensing Rules for Islamic Banking

The Central Bank of Uzbekistan has approved licensing rules for Islamic banks and Islamic windows operated by existing commercial banks.

Tashkent, Uzbekistan (UzDaily.uz) — Uzbekistan's Central Bank has officially approved the licensing framework for financial institutions engaging in Islamic banking activities. A pertinent Board resolution, which

central banklicensingbanking lawislamic bankinguzbekistanfinancial regulation

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