laura kuanova
Al-Farabi Kazakh National University

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Islamic Finance Ecosystem’s Institutional Support: The Case of Kazakhstan laura kuanova
Journal of Critical Realism in Socio-Economics (JOCRISE) Vol. 1 No. 2 (2023): Search for the Socio-Scientific Core of Critical Realism
Publisher : University of Darussalam Gontor Press

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (658.099 KB) | DOI: 10.21111/jocrise.v1i2.17

Abstract

The study applies the conceptual Islamic finance ecosystem model to overcome identified Islamic finance development challenges and obstacles by the country’s professionals’ survey. Research results show the strong and weak factors of Islamic finance and provide recommendations for institutional support of Islamic finance for Kazakhstan as an alternative source of economics in the challenging time of external political, financial, and technological threats. Furthermore, the study explores the Islamic finance social benefits designed to provide social justice and wealth creation.