Islamic Banking: Issues in Prudential Regulations and Supervision

Luca Errico and Mitra Farahbaksh

No 1998/030, IMF Working Papers from International Monetary Fund

Abstract: 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.

Keywords: WP; Islamic bank; balance sheet; investment policy; rate of return; equity capital; Islamic Banking; Prudential Regulations; Banking Supervision; banking practice; demand deposit; intermediation role; bank liability; Islamic banking supervision; Bank supervision; Capital adequacy requirements; Global (search for similar items in EconPapers)
Pages: 32
Date: 1998-03-01
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Citations: View citations in EconPapers (55)

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