Uzbekistan opens doors to US$6 trillion Islamic finance market

Uzbekistan has introduced a new Islamic banking law effective June 2026, establishing a framework for Shariah-compliant banking. This initiative aims to access a global Islamic finance market worth US$6 trillion. The Silk Road Finance & Technology Forum, held in Tashkent from August 24 to 26, 2026, gathers over 6,000 participants to discuss financial innovation and regional connectivity.