Showing 1 - 10 of 76
This paper provides a proposal to incorporate the Core Principles for Islamic Finance Regulation (Banking Sector) (CPIFR) issued by the Islamic Financial Services Board (IFSB), as part of the standards used in assessing the banking regulatory and supervisory regimes of relevant member...
Persistent link: https://www.econbiz.de/10014408441
application are needed. Progress has been slow in developing IB's liquidity management and money markets. In recent years, hybrid …
Persistent link: https://www.econbiz.de/10014408737
In an Islamic system, as interest is prohibited, banks are expected to operate solely on the basis of profit and risk sharing. This paper describes the developments in Islamic banking in Iran and Pakistan. As these two countries have initiated the most far-reaching experiments with Islamic...
Persistent link: https://www.econbiz.de/10014396453
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...
Persistent link: https://www.econbiz.de/10014399549
Hawala and other remittance systems have gained attention in recent years with the substantial growth of remittance flows from countries with large migrant labor forces and with increased focus on combating money laundering and the financing of terrorism. The IMF and the World Bank have been...
Persistent link: https://www.econbiz.de/10014401909
This paper outlines the recent progress in developing Islamic financial instruments for the management of monetary policy and public borrowing requirements and provides details on new instruments currently being developed in the Islamic Republic of Iran and Sudan. The paper also touches on the...
Persistent link: https://www.econbiz.de/10014403418
This paper presents a Financial System Stability Assessment Update, including Reports on the Observance of Standards and Codes (ROSC) on the Securities Regulation, Insolvency and Creditor Rights Systems, and Payment Systems in Colombia. Overall, the financial sector appears relatively stable and...
Persistent link: https://www.econbiz.de/10014406053
This paper presents key findings of the Financial System Stability Assessment for the Slovak Republic, including Reports on the Observance of Standards and Codes on Monetary and Financial Policy Transparency, and Banking Supervision. Successful stabilization and an ambitious structural reform...
Persistent link: https://www.econbiz.de/10014407321
developing countries (EMDCs) facing liquidity shortages. In the context of intensified demand for liquidity and heightened global … uncertainty, staff has revisited the 2017 proposal for a new facility to provide liquidity support to the Fund's membership. This … paper proposes the establishment of a new Short-term Liquidity Line (SLL) as a special facility in the General Resources …
Persistent link: https://www.econbiz.de/10014408787
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014409356