Unlocking Islamic Finance Potential in Uzbekistan and Central Asia: A Forward-Looking Perspective

Authors

  • Jalilov Mehroj Erkin Ugli Universitas Pendidikan Indonesia - Tashkent State University of Economics
  • Nugraha Nugraha Universitas Pendidikan Indonesia
  • Zulayho Umarova Tashkent State University of Economics

DOI:

https://doi.org/10.30993/jicab.v4i1.587

Keywords:

Islamic Finance, Islamic Finance Awareness, Educational Level, Age

Abstract

This study investigates the socio-demographic determinants influencing public awareness of Islamic finance within the evolving economic landscape of Uzbekistan and the broader Central Asian region. Utilizing a quantitative research design, primary data were harvested from a cross-sectional survey of 400 respondents in 2024. The analytical framework employs descriptive statistics and binary logistic regression to evaluate the predictive power of gender, age cohorts, and educational attainment on Islamic Finance Awareness (IFA). The findings indicate that both age and education level are positively associated with awareness of Islamic finance, while gender shows no significant influence. Logistic regression analysis confirms these results, with education level emerging as the strongest predictor, followed by age. The study underscores the importance of education-based interventions and age-sensitive awareness strategies in promoting the development of Islamic finance in the region.

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Published

2026-03-10

Issue

Vol. 4 No. 1 (2026): JICAB

Section

Articles

License

Copyright (c) 2026 Unlocking Islamic Finance Potential in Uzbekistan and Central Asia: A Forward-Looking Perspective © 2026 by Jalilov Mehroj Erkin Ugli, Nugraha Nugraha, Zulayho Umarova is licensed under Creative Commons Attribution-NonCommercial 4.0 International

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.

Journal of Islamic Contemporary Accounting and Business © 2023 by Tazkia Islamic University College is licensed under CC BY-NC 4.0 

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