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Islamic Banking Regulation and Supervision :, Survey Results and Challenges, In 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
Table Of Contents
Cover; Contents; Glossary; I. Introduction; Figures; 1. Islamic Banking Share in Total Assets by Jurisdiction (June 2013); II. Legal and Institutional Development; A. Islamic Banking: Background and Recent Developments; Boxes; 1. Survey on Islamic Banking; 2. Shariah Law and Islamic Banking; 2. Legal Bases for the Practice of Islamic Banking; B. Survey Results on Legal and Regulatory Frameworks and Scope of Islamic Banking; 3. Explicit Recognition of Islamic Banking; 4. Conduct of Islamic Banking by a Stand-Alone Islamic Bank; 5. Practice of Islamic Banking by Conventional Banks
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (43 p.)
Specific Material Designation
Form Of Item

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