Welcome to the Islamic Finance Resources blog, a grassroots initiative started by industry professionals and supported by practitioners from around the globe.

We constantly update this site and its overall content, and encourage you to use the various navigation tools available and welcome your feedback and comments.
A few of the resources that you can find in this site:
- Funds@Work: Network Analysis Among Sharia Scholars v 4.0
- ISRA: Islamic Finance Knowledge Repository
- IFSB-IRTI-IDB Islamic Finance and Global Stability Report
- Sukuk Reports: I, II, III, and IV
Much more available under 'Industry Reports' and 'Academic Papers' (right hand side menus)

Islamic Finance in the News

Islamic Finance Gateway on Twitter

26.11.10

Regulatory challenges posed by Islamic capital market products and services

Regulatory challenges posed by Islamic capital market products and services
Professor Rodney Wilson
University of Durham, UK
IOSCO task force on Islamic capital market

"This paper explores some of the issues that arise in the regulation of Islamic capital market products and services. As many of the products are distributed to retail clients by Islamic banks and through the Islamic windows of conventional banks, it is also pertinent to deal with the regulation of these institutions, not least because of the distinctive liability and asset structures of Islamic banks. Liquidity and capital adequacy are considered, as well as questions of product information disclosure and transparency. Islamic banks and the Islamic windows of conventional banks offer brokerage facilities for securities trading. How should such facilities be regulated, and are there any unique issues that arise because of the need for shariah compliance? Islamic banks also use Islamic sukuk securities for liquidity management. How does the status of such assets compare with their conventional equivalents? This is likely to become a major issue confronting regulators in the years ahead given the rapid growth of these securities".
Share/Bookmark

No comments:

Post a Comment