Legal, Regulatory and Governance Issues in Islamic Finance

A detailed examination of the global banking laws and regulatory systems that govern Islamic finance From Iran, where all banking is Shari'ah compliant, to Malaysia and the gulf, where Islamic financial institutions compete with conventional banks, Rodney Wilson examines how Islamic financial institutions are licensed and governed by common and civil law. Covering Islamic banks, takaful operators, fund management and Shari'ah -compliant securities, it examines how their assets and liabilities differ from their conventional counterparts and what the implications are for risk management. Key Features Detailed examination of Islamic banking laws Evaluation of regulatory systems governing Islamic finance Global coverage including the Islamic world and countries with Muslim minorities Examples of the deposit and financing terms and conditions offered by leading Islamic banks