This article examines the types of takaful models in the organization of takaful insurance funds, the differences between takaful models, the development and essence of the Islamic insurance financial market, its scientific approaches to modern Islamic financial instruments, and the scientific foundations of the mechanism of operation and typology of takaful insurance models, sheds light on the scientific and theoretical views on the content and role of takaful insurance fund models in the global insurance market, and assesses the development and current state of takaful insurance fund models in the insurance market

This article examines the distinctive features of modern Islamic banking products compared with conventional banking services. It provides a comparative analysis of income generation, risk-sharing mechanisms, and links to real assets in murabahah, ijarah, musharakah, mudarabah, sukuk, and takaful products. Conclusions are also developed regarding the expansion of Islamic banking products in Uzbekistan.