An Islamic financial services sector is rapidly developing to meet the burgeoning need for financial institutions that are not interest-based, or which otherwise contravene the principles of Islamic commercial jurisprudence. The Islamic Financial Services Board (IFSB) was established in 2002 to guide the development of structured regulatory, supervisory, and legal frameworks appropriate for the Islamic financial services industry worldwide – an industry that is increasingly attracting the attention of major international conventional financial institutions.

"Islamic Finance: The Regulatory Challenge" provides a comprehensive analysis of the issues that arise in the development of these new framework. Edited by two well known experts in the field of Islamic finance, it draws on the relevant expertise of eminent specialists in international finance, regulation and economic law.

This book address issues such as: Why are the frameworks devised for the conventional financial sector unsuitable for Islamic financial services? What is the nature of risks in Islamic banking? What regulatory challenges face Islamic financial services? What is the potential for growth on the Islamic financial service sector? What problems are raised by existing legal frameworks for innovatory Islamic financial products? What are the specific corporate governance and supervision issues? How can frameworks be developed that cater for both the Islamic and conventional financial sectors in emerging market countries in which Islamic financial services are expected to play an increasing role?

"Islamic Finance: The Regulatory Challenge" sheds much needed light on these issues, and more. As such, itshould be considered as required reading for anyone interested in the potential role of Islamic finance in national and international financial and capital markets.

• ISBN: 0470821892
• ISBN-13: 9780470821893
• Editors : Simon Archer and Rifaat Abdel Karim
• Category : Business & Economics - Finance
• Language : English
• Format:  Hardcover
• Publication Date: 3/1/2007
• Publisher Imprint: John Wiley & Sons
• Price ($AUD): $191.95


• Usual Dispatch Time: 7 - 10 days

• Please note that all prices are in Australian dollars
• Some titles may be subject to availability