In order to diversify investment flows and widely introduce alternative financing instruments into the capital market, Uzbekistan is launching the implementation of the sovereign Islamic bonds — Sukuk program.
This was announced by President Shavkat Mirziyoyev during his speech at the plenary session of the Tashkent International Investment Forum.
The Head of State emphasized that broad opportunities would also be created in Uzbekistan for the operations of international clearing companies. These initiatives are expected to help enterprises attract at least $10 billion in additional capital in the future.
The launch of the Sukuk program is considered a significant step toward developing the Islamic finance infrastructure in Uzbekistan, creating new opportunities for international investors, and expanding alternative financial instruments.
Detailed report: https://president.uz/oz/lists/view/9317
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