Islamic Banking: Issues in Prudential Regulations and Supervision

Author/Editor:

Luca Errico ; Mitra Farahbaksh

Publication Date:

March 1, 1998

Electronic Access:

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Disclaimer: This Working Paper should not be reported as representing the views of the IMF.The views expressed in this Working Paper are those of the author(s) and do not necessarily represent those of the IMF or IMF policy. Working Papers describe research in progress by the author(s) and are published to elicit comments and to further debate

Summary:

This paper analyzes the implications of Islamic precepts on banks’ structure and activities, focusing on banking supervision issues. It points out and discusses these issues in the context of a paradigm version of Islamic banking, as well as in frameworks that fall between the paradigm version and conventional banking. The case of Islamic banks operating in a conventional system is also examined.

Series:

Working Paper No. 1998/030

Subject:

Bank supervision Banking Capital adequacy requirements Environment Financial regulation and supervision Financial services Islamic banking Islamic banking supervision

English

Publication Date:

March 1, 1998

ISBN/ISSN:

9781451980417/1018-5941

Stock No:

WPIEA0301998

Pages:

32

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