In 2015, the United Nations member states adopted the 17 Sustainable Development Goals (SDGs). Higher education is one of the priorities of Task 4.3 of the SDGs - ―By 2030, ensure equal access for all women and men to affordable and high-quality vocational and higher education, including university education‖. To achieve this goal, one of the illustrative strategies is to promote the internationalization of higher education. In the Astana Declaration (2017), the Central Asian countries’
Ministers of Education reaffirmed their commitment to strengthening cooperation in the field of internationalization of higher education, including for sustainable and inclusive development 2. Despite the fact that there are many definitions, the internationalization of higher education is understood
as: Intentionally expanding the spatiality of higher education through cross-border mobility and interconnection between educational institutions, students, scientists, knowledge, programs and suppliers (systems and providers)3.
This article examines the problems related to Islamic banking and finance,working on the basis of Islamic law, and presents opportunities and obstacles of Islamic banking in Central Asia and Uzbekistan.