Islamic finance · isolated module

Sharia-compliant finance, ready for Uzbekistan's new law

Uzbekistan's Islamic Banking Law (LRU-1126) takes effect at the end of June 2026, letting conventional banks run "Islamic windows" alongside conventional banking. PLATMA ships the Sharia-compliance layer those windows need — product line, screening, a Sharia-board decision queue and an audit-ready trail — in a fully isolated cabinet.

Open Islamic cabinet → Request a pilot
Sharia qualification remains the bank's Sharia board's competence — PLATMA provides screening, workflow and the immutable audit trail.
The new framework

A market that just opened

Signed in March 2026, in force from the end of June 2026 — a dual banking system with national-level Sharia oversight, aligned to international standards.

Law in force: June 2026 Dual system · "Islamic windows" Council for Islamic Finance at the CBU AAOIFI-aligned standards Mandatory annual Sharia audit

Unmet demand

A UNDP survey found 68% of the population and 60% of businesses prefer financial services aligned with their beliefs — a large pool of savings kept outside conventional banking. Estimated financing potential: up to $5B per year.

What the law requires of a bank

Separate accounting, a dedicated "Sharia compliance" function, an institution-level Sharia board, and a specialized external Sharia audit every year. PLATMA is built to satisfy exactly these — continuous compliance plus an immutable trail.

What's inside

Product line and Sharia governance

Product line — markup / profit-share, not interest

  • Murabaha — cost-plus sale
  • Ijara Muntahia Bittamleek — lease-to-own
  • Musharaka / Diminishing Musharaka — partnership
  • Mudaraba — capital + expertise profit-share
  • Salam · Istisna — forward & manufacturing finance
  • Qard Hasan · Wakala · Sukuk · Takaful

Sharia compliance & governance

  • Industry screen — blocks haram sectors
  • AAOIFI financial ratios (debt / interest income / liquidity)
  • Sharia board queue — human decision on borderline cases
  • Immutable log for the annual Sharia audit + CSV export
  • Financing applications → review → approval workflow
  • Zakat calculator
Trust by isolation

A separate cabinet — two roles inside

Separate tables, separate endpoints, a separate app on its own address. Accounting and operations are isolated from conventional banking — matching the regulator's separation requirement and reassuring clients that the boundary holds.

Businessman

  • Overview & product catalog
  • Apply for financing (auto Sharia screening)
  • Contracts portfolio with payment schedule
  • Financing & Zakat calculators

Banker / Sharia officer

  • Applications review & decision queue
  • Sharia board queue for borderline verdicts
  • Screening journal (audit trail)
  • Audit report export for the annual Sharia audit
Open Islamic cabinet →
Demo logins inside: businessman & banker. PLATMA does not issue fatwas — it operationalizes the Sharia board's rules.