Resolution Frameworks for Islamic Banks /

Islamic banking is growing rapidly and its potential impact on global financial stability cannot be underestimated. International standards for resolving banks have evolved after the global financial crisis, culminating in the Financial Stability Board's ('FSB') Key Attributes of Effe...

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Autor principal: Awadzi, Elsie Addo
Altres autors: Chartouni, Carine, Tamez, Mario
Format: Revista
Idioma:English
Publicat: Washington, D.C. : International Monetary Fund, 2015.
Col·lecció:IMF Working Papers; Working Paper ; No. 2015/247
Accés en línia:Full text available on IMF
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100 1 |a Awadzi, Elsie Addo. 
245 1 0 |a Resolution Frameworks for Islamic Banks /  |c Elsie Addo Awadzi, Carine Chartouni, Mario Tamez. 
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300 |a 1 online resource (34 pages) 
490 1 |a IMF Working Papers 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a Islamic banking is growing rapidly and its potential impact on global financial stability cannot be underestimated. International standards for resolving banks have evolved after the global financial crisis, culminating in the Financial Stability Board's ('FSB') Key Attributes of Effective Resolution Regimes for Financial Institutions. This paper examines the applicability of the Key Attributes to the resolution of Islamic banks. It concludes that a number of issues would need to be addressed, owing to Islamic banks' unique governance structures and balance sheets. It recommends international guidance for the design of robust Shari`ah -compliant resolution frameworks for jurisdictions with Islamic banks. 
538 |a Mode of access: Internet 
700 1 |a Chartouni, Carine. 
700 1 |a Tamez, Mario. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2015/247 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2015/247/001.2015.issue-247-en.xml  |z IMF e-Library