ISLAMIC FINANCE AND SMALL BUSINESS

Authors

  • Qakhkhorova Mashkhura Student, Jizzakh Branch, National University of Uzbekistan

DOI:

https://doi.org/10.55640/

Keywords:

Islamic finance, small business, mudarabah, musharakah, ijarah, shariah, investment, economic development.

Abstract

This article analyzes the principles of Islamic finance and their significance in financing small businesses. It examines the prohibition of riba (interest), gharar (uncertainty), and maysir (gambling), as well as financing methods based on mudarabah, musharakah, and ijarah. The study also explores the social and economic benefits of Islamic finance in small business development and its role in modern financial markets.

References

1.Beck, T., Demirgüç-Kunt, A., & Maksimovic, V. (2013). Financial Inclusion and Access to Finance in Islamic Banking Systems. World Bank Policy Research Working Paper No. 6646. Washington, DC: World Bank.

2.El-Gamal, M. A. (2006). Islamic Finance: Law, Economics, and Practice. Cambridge: Cambridge University Press.

3.Iqbal, Z., & Mirakhor, A. (2011). An Introduction to Islamic Finance: Theory and Practice. Hoboken, NJ: John Wiley & Sons.

4.Khan, T., & Ahmed, H. (2001). Risk Management: An Analysis of Issues in Islamic Financial Industry. Occasional Paper No. 5, Islamic Development Bank, Jeddah, Saudi Arabia.

5.Saeed, A. (2018). Sukuk Market Development and Small Business Financing in Emerging Economies. Journal of Islamic Accounting and Business Research, 9(4), 467–482.

6.Usmani, M. T. (2002). An Introduction to Islamic Finance. Karachi: Idaratul Ma’arif.

7.Wilson, R. (2009). Islamic Finance in the Global Economy. Edinburgh: Edinburgh University Press.

8.Chapra, M. U. (2008). The Islamic Vision of Development in the Light of Maqasid Al-Shariah. Islamic Research and Training Institute, Islamic Development Bank.

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Published

2026-01-30

How to Cite

ISLAMIC FINANCE AND SMALL BUSINESS. (2026). International Journal of Political Sciences and Economics, 5(01), 755-759. https://doi.org/10.55640/

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