Zayniddinov Rukhiddin Khusniddin Ugli, PhD, is an Acting Associate Professor in the Department of World Economy and International Economic Relations at Tashkent State University of Economics.

He earned his bachelor’s degree with honors in Marketing from Tashkent State Technical University (TSTU) in 2015 and his master’s degree with honors in Foreign Economic Activity from Tashkent State University of Economics in 2019. He received a Ph.D. in Economics from TSUE in 2025.

Research Areas:

Islamic Finance and Investments

International Economics

Foreign Direct Investment and Economic Development

Empirical Econometrics

Courses:

World Economy

Macroeconomic Analysis

International Contracts and Agreements

Professional Development:

2015–2017 – Marketer, Humo Iron-Concrete Enterprise

2017–2018 – Lecturer, Tashkent Professional College of Commerce and Entrepreneurship

2018–2019 – Assistant, Department of World Economy, TSUE

2019–2021 – Lecturer, Department of World Economy, TSUE

2022–2023 – Lecturer, Department of Macroeconomic Analysis and Forecasting, TSUE

2022–2025 – Ph.D. Scholar and Lecturer, Department of World Economy and International Economic Relations, TSUE

2025-present- Acting Associate Professor, Department of World Economy and International Economic Relations, TSUE

Publications:

1. Analysis of the dualistic financial system of Turkiye and the UAE. Ilgʻor iqtisodiyot va pedagogik texnologiyalar, 2(1), 163–173. https://doi.org/10.60078/3060-4842 -2025-vol2-iss1-pp163-173

2. Analysis of the dualistic financial system of Malaysia, Indonesia and Bangladesh. Iqtisodiy taraqqiyot va tahlil, 3(1), 244–253. https://doi.org/10.60078/2992-877X -2025-vol3-iss1-pp244-253

3. Delphi method analysis of Islamic financing of investment projects in Uzbekistan. 17th International Conference on Knowledge, Economy & Management Proceedings. October 27-29, 2024/Istanbul/Turkiye.Tashkent/Uzbekistan

4. Determinants of Entrepreneurial Intentions to Adopt Islamic Finance: Evidence from Uzbekistan. 17th International Conference on Knowledge, Economy & Management Proceedings.  October 27-29, 2024/Istanbul/Turkiye. Tashkent/Uzbekistan

5. Comparative analysis of Islamic and conventional banks. 2024: III Republican scientific-practical conference on the topic "Priority directions, modern trends and prospects of financial market development". 2024, Tashkent, TSUE. DOI: https://doi.org/10.60078/ 2024-vol-issM

6. Comparative analysis of Ijara (Islamic leasing) and traditional leasing. Tashkent, Iqtisodiy taraqqiyot va tahlil, 2024-yil, II Son - fevral. 113-122 pages ;

7. The nexus between Islamic finance and economic development in Indonesia based on time-series model. International journal of progressiveresearch in engineering managementand science (IJPREMS). e-ISSN: 2583-1062 Vol. 04, Issue 06, (2024) pp: 2373-2384.

8. An empirical investigation of the relationship between digital economy and economic development in Uzbekistan. International Conference on Future Networks and Distributed Systems (ICFNDS ’23), December 21, 22, 2023, ACM, New York, NY, USA, 8 pages. https://doi.org/ 10.1145/3644713.3644793 (Scopus).

9. Basing and introducing the concept of Islamic financing in public-private partnership (PPP) projects in Uzbekistan “Yashil iqtisodiyot va taraqqiyot” jurnali 2023-yil, dekabr. № 11-12-sonlar. https://yashil-iqtisodiyot-taraqqiyot.uz;

10. Possibilities of using the experience of Turkiye in the development of Islamic finance in Uzbekistan. Tashkent, Iqtisodiy taraqqiyot va tahlil, 2023-yil, VII Son - noyabr. 257-270 pages ;

11. An empirical investigation of the relationship between Islamic finance, FDI, and economic development in Malaysia. International scientific and practical conference on "Islamic Investment Products: Characteristics and Development Prospects", Tashkent State Law University, May 31, 2023;

12. Possibilities of attracting investments to the economy of Uzbekistan based on the principles of Islamic economy, 20 pages, electronic scientific journal "Economics and Innovations" ISSUE 3, June. 2023;

13. The interaction between Islamic finance and economic development based on time-series model: the case of Indonesia. 3rd International Recent Trends in Technology. Engineering and Computing Conference 2022 - (HYBRID CONFERENCE). 29 & 30 August 2022 Hard Rock Hotel Penang, Penang, Malaysia;

14."The relationship between Islamic finance and economic development based on time-series model: the case of Bangladesh”, 4th International Conference on Applied Business and Management (ICABM2022), ISAG - European Business School on 14 and 15 July 2022, published as an e-book on a USB, indexed at Google Scholar, Proquest, EBSCO;

15. Development of Islamic finance in Uzbekistan: barriers and recommendations, p. 15, Electronic Scientific Journal "Economics and Innovation" (HAC), 2/2022, March-April (№ 00058) Article DOI: 55439/EIT/vol10_iss2/a4;

16. Prospects for the development of Islamic finance in the countries of Central Asia. Republican scientific-practical conference on the topic "Global processes and their impact on Central Asia". ‒ Tashkent, WESU, 10 pages, 2022. May 5;

17. Expanding the use of Islamic banking services in financing investment projects in Uzbekistan, Proceedings of the Republican scientific-practical conference "Issues of enhancing the position of Uzbekistan in international trade and optimizing its integration into the world market in the context of global transformation." - T .: Tashkent, 2021. 226 p, 58-64 p., 20 p.;

18. Improving the system of Islamic financing of investment projects in Uzbekistan. The International Conference on Sustainable Development (ICSD), “Higher Education & Science Take Action” December 2, 2021, Tashkent / Uzbekistan p. 71-90;

19. Islamic Finance in Uzbekistan: a market review and the legal environment, International Scientific Conference for students, graduates, and young scientists “Topical issues of the economy in modern conditions”, Kabardino-Balkaria State University named after Kh.M. Berbekova (Russia)10 p.;

20. Improving the Use of Islamic Banking Services in Financing Investment Projects in Uzbekistan REVISTA GEINTEC-GESTAO INOVACAO E TECNOLOGIAS. ISSN: 2237-0722 Vol. 11 No. 2 (2021) Received: 12.04.2021 – Accepted: 04.05.2021 (http://www.revistageintec.net/index.php/revista/about/contact);

21. Opportunities for the visually impaired persons to engage in small business in the economic sectors Journal of Advanced Research in Dynamical and Control Systems 2020. DOI: 5373/JARDCS/V12SP2/SP20201055 (Scopus);

22. Global socio-economic consequences of the coronavirus COVID-19 pandemic and measures to eliminate it. Journal of Economics and Innovative Technologies, Tashkent State University of Economics, №3, 2020.;

23. Ways to increase the attraction of foreign investment in the economy of Uzbekistan. Collection of scientific and practical articles of the first International Conference of Alumni of the Umid Foundation on the topic "A new generation of personnel for a renewed Uzbekistan." - Tashkent: "Innovative Development Publishing House" 544 pages.;

24. Socio-economic development with foreign trade (Trio of emerging markets, transition economy and investment attractiveness) SOI: 1.1/TAS DOI: 10. 15863/TAS International Scientific Journal Theoretical and Applied Science p-ISSN: 2308-4944 (print) e-ISSN: 2409-0085 (online) Year: 2019 Issue: 12 Volume: 80 Published: 20.11.2019 http://T-Science.org Soi: http://s-o-i. org/1.1 TAS-11-79-41.

Authored books

1. Attraction and Management of Foreign Investments, Textbook. – Т.: ОOO “DIADEMA NUR SERVIS”, 2025. 332 pages.

2. International contract and agreements, Manual book, TSUE, "Science and Technology", 2019. 190 pages.

Contact Information:

 r.zayniddinov@tsue.uz

 |zayniddinovrukhiddin@gmail.com