With its population of approximately 36 million and traditional Islamic roots, Uzbekistan is probably one of the most promising markets for Islamic financing in Central Asia

Status
Active
Date of registration	24.04.2019
Registering authority	Public service center
Taxpayer Identification Number	306364721
Classifier of organizational and legal forms	152 - Limited liability or additional liability company
All-state classifier of types of economic activities	47990 - Other retail sale except in stores, tents and markets
Charter fund	10,100,000.00 UZS
Contact information	Address
	Tashkent city, Shaikhontohur district, Labzak street, 64A-house
	Phone number
	977082727
	E-mail
	[e-mail]
Founders	IMAN GROUP LTD.
	99.10%
	ZUBOV MARK
	0.90%

According to the financial report for Q3 2022, "IMAN HALAL INVESTMENTS" LLC achieved a revenue of 1 668,54 million soums, a gross profit of 999.4 million soums, an income from the main activity of 879,35 million soums, EBIT has been 853,12 million soums , the net profit has been 725,15 million soums.¹

In 2018, based on decree of the President of the Republic of Uzbekistan No. PF-5416, "Waqf" Charitable Public Fund was established in Uzbekistan. During the short period of time since the foundation of "WAQF" Charitable Public Fund, it has been able to carry out a lot of charitable activities. During the year 2021, a number of activities were carried out and funds were directed by the "Waqf" charity public fund in the implementation of the tasks defined in the decrees of the President of the Republic of Uzbekistan "On measures to fundamentally improve the activities of the religious educational sector" . In particular:
- construction of buildings of mosques and religious educational institutions,
1 billion in the direction of repair, reconstruction, beautification, strengthening of the material and technical base. 515 mln. soum;
- 12 billion for preservation, repair, beautification of historical and architectural shrines, further development of their infrastructure. 48 mln. soum;
- 2 billion for financing the activities of religious educational institutions, scientific research centers, material and social support of their professors, researchers, specialists and students. 636 mln. soum;
- 2 billion for material and social support of mosques and shrines employees, especially imams, deputy imams, mutawallis, muezzins. 282 mln. soum;
- 12 billion for the direction of material and moral support of the population in need of social protection, including persons with disabilities. 935 mln. 32 billion soums of funds have been directed, and in total, 32 billion soums have been allocated for the implementation of sectoral tasks. 65 mln. soum fund funds were directed.
In addition, the Fund has held several charity events aimed at social protection in the republic, and it is appropriate to list some of them. Including
- 2 billion from "Zakat" and "Khairiya" accounts to 13,802 citizens in need of social protection who applied for financial assistance to the fund. 816 mln. soums and 3 billion 301 million 6 billion soums in total. 117 mln. financial assistance was provided with sums of money.

- It is known that the President of our country pays special attention to the hearing-impaired, blind and other disabled persons. According to the annual plan, the fund provided 245 million soums of material assistance to these persons within the framework of the "You need us" event this year.

- The total amount of 1 billion to mosques and religious educational institutions under the authority of the Office of Muslims of Uzbekistan. 949 mln. religious and educational books and religious textbooks worth 82,665 soums were distributed.

- At the expense of the fund's sponsors, a total of 454 mln. artesian waters were released in 147 places worth soums.

- 101 people from Khorezm, Syrdarya, Andijan, Kashkadarya regions who have professions, but do not have capital to work, need social assistance within the framework of the "VAQF-support" event announced by the Foundation.
388 mln. sewing machines, baking ovens and other equipment were delivered. As a result of this project, additional jobs are created locally, and it is planned to continue this project in all other regions.
- In 2021, a separate account number of the Fund was opened at "Kapitalbank" for the development and material support of "Quran and Tajweed" courses. Currently, about 110 mln. Soums of donations have been received.
- A memorandum was signed and put into practice, providing for the transfer of a certain amount of proceeds from the products sold through the Olcha.uz electronic trading platform to the accounts of the "Waqf" charity public fund. Currently, this company receives a certain amount of money per month as a donation to the fund account.
Above, we will do financial analysis for 2021 on this fund².
Here some essential information is given on "Trust Muamalat" LLC: