Islamic Banking Regulation and Supervision

Released on by Mr.In Song
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  • Islamic Banking Regulation and Supervision Book Detail

  • Author : Mr.In Song
  • Release Date : 2014-12-12
  • Publisher : International Monetary Fund
  • Genre : Business & Economics
  • Pages : 42
  • ISBN 13 : 1498319270
  • File Size : 78,78 MB
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Islamic Banking Regulation and Supervision by Mr.In Song PDF Summary

Book Description: 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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