To investigate the development of Islamic banking system in the world.Figure 1. Share of Islamic Banks in Total Banking System in Selected Countries, 2006 (Percent).'Islamic banking moves east', Euromoney, July: 1425.Practical aspects of introducing Islamic banking in Kazakhstan / / Bank of Kazakhstan.The financial analysis of Islamic banks activity.Perspectives and future development of Islamic banking in the world.Future challenges for Islamic banking and financeInnovation in Critical Areas.Progress of Islamic banking will depend on its ability to innovate in the following areas.Effect of Islamic banking on economy and economic life.Future challenges for Islamic banking and finance in the Republic of Kazakhstan.

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