Title Islamic financial institutions and products in the global financial system : key issues in risk management and challenges ahead / V. Sundararajan and Luca Errico

Published [Washington, D.C.] : International Monetary Fund, ©2002

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Description 1 online resource (27 pages) Series IMF working paper ; WP/02/192 IMF working paper ; WP/02/192. Summary The provision and use of financial services and products that conform to Islamic religious principles pose special challenges for the identification, measurement, monitoring, and control of underlying risks. Effective and efficient risk management in Islamic financial institutions has assumed particular importance as they endeavor to cope with the challenges of globalization. This requires the development of not only a more suitable regulatory framework, but also new financial instruments and institutional arrangements to provide an enabling operational environment for Islamic finance. The recent establishment of the Islamic Financial Services Board, facilitated by the IMF, addresses these needs Bibliography Includes bibliographical references (page 27) Notes Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002. http://purl.oclc.org/DLF/benchrepro0212 MiAaHDL digitized 2010 HathiTrust Digital Library committed to preserve pda MiAaHDL Print version record Subject Islamic Financial Services Board. SUBJECT Islamic Financial Services Board fast Subject Banks and banking -- Religious aspects -- Islam. Risk management. Risk Management risk management. Banks and banking -- Religious aspects -- Islam Risk management Form Electronic book Author Errico, Luca International Monetary Fund. Monetary and Exchange Affairs Department. ISBN 1282008595 9781282008595

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