Islamic Banking: Issues in Prudential Regulations and Supervision

Errico, Luca; Farahbaksh, Mitra

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Islamic Banking: Issues in Prudential Regulations and Supervision

IMF Working Paper No. 98/30

32 Pages Posted: 15 Feb 2006

See all articles by Luca Errico

Mitra Farahbaksh

affiliation not provided to SSRN

Date Written: March 1998

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: Islamic Banking, Prudential Regulations, Banking Supervision

JEL Classification: E58, G18, P51

Suggested Citation: Suggested Citation

Errico, Luca and Farahbaksh, Mitra, Islamic Banking: Issues in Prudential Regulations and Supervision (March 1998). IMF Working Paper No. 98/30, Available at SSRN: https://ssrn.com/abstract=882267