The National agency of perspective projects of the Republic of Uzbekistan -
is a state institution responsible for regulation, licensing, and permitting procedures in the sphere of crypto-assets turnover, capital market, insurance, e-commerce, lotteries and gambling activities.
Representatives of the National Agency of Perspective Projects and the Central Bank of the Republic of Uzbekistan took part in knowledge-sharing sessions dedicated to regulation and supervision in the field of Islamic finance, organized by the Central Bank of the UAE from 25 to 27 November 2025. The program was aimed at exchanging experience between regulators in Islamic finance and supporting the development of this sector in Uzbekistan.
As part of the program, participants reviewed key aspects of developing a national strategy for Islamic finance, as well as mechanisms for effective interaction between government agencies. Particular attention was paid to improving the regulatory framework, codifying Sharia requirements, and implementing modern models of Sharia governance.
Experts also discussed prudential standards, approaches to risk management, and supervision of Islamic financial institutions, addressing issues of Sharia audit, reporting, and disclosure of information. A separate block was devoted to Islamic monetary instruments and liquidity management mechanisms, including the role of the Central Sharia Board in building a Sharia compliance system.
In addition, the Uzbek delegation visited the country's largest financial institutions — First Abu Dhabi Bank, Dubai Islamic Bank, and Emirates NBD — where they familiarized themselves with practical experience in implementing Islamic banking, organizing Sharia compliance, and regulatory processes.
International cooperation in the field of Islamic finance contributes to the formation of a sustainable ecosystem in this sector in Uzbekistan, the introduction of international standards, and the development of regulatory competencies, which opens new opportunities for diversifying the financial sector and strengthening its competitiveness at the global level.
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