Development of Prudential and Supervision Standards for Islamic Financial Markets: Final Report

Date: April 2011
Country:
Subject:
Economics; Finance; Regional cooperation and integration
Document Type: Technical Assistance Consultant's Reports
Project Number: 42520-012

Description

This report is produced by consultants for the regional project Development of Prudential and Supervision Standards for Islamic Financial Markets. It is organized as follows

  • Part I contains the Executive Summary and presents the main findings and conclusions
  • Part II summarizes the work done in the context of the project to facilitate the implementation of standards for the Islamic industry
  • Part III discusses key issues in the development of Islamic Capital Markets
  • Part IV discusses the issues of liquidity management from the IFIs and central bank perspectives
  • Part V addresses legal issues related to Islamic asset securitization
  • Part VI reports on progress in developing prudential and structural indicators for IFIS
  • Part VII summarizes the main recommendations arising from this report

The various appendices contain background material that underpins much of the analysis in the report.