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Islamic Banking Regulation and Supervision:Survey Results and Challenges

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by Inwon Song & Carel Oosthuizen
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Islamic Banking Regulation and Supervision:Survey Results and Challenges by Inwon Song & Carel Oosthuizen

The growing presence of Islamic banking needs to be accompanied by the development of effective regulation and supervision. This paper examines the results of the survey conducted by the International Monetary Fund to document international experiences and country practices related to legal and prudential frameworks governing Islamic banking activities. Although a number of countries have made considerable progress in creating legal, regulatory, and supervisory frameworks that accommodate Islamic banking, there are substantial differences. This paper also identifies a number of challenges faced by regulatory and supervisory agencies regarding Islamic banking.

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Ebook Details
Pages: 42
Size: 994 KB
Publisher: INTERNATIONAL MONETARY FUND
Date published:   2014
ISBN: 9781498319270 (DRM-EPUB)

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Nonfiction > Business & Economics
Nonfiction > Business & Economics > Banks & Banking

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Nonfiction > Business & Economics
Nonfiction > Business & Economics > Banks & Banking

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05/23/2017
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