[Download] "Writing the Rules: The Need for Standardized Regulation of Islamic Finance (World IN REVIEW)" by Harvard International Review * Book PDF Kindle ePub Free
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eBook details
- Title: Writing the Rules: The Need for Standardized Regulation of Islamic Finance (World IN REVIEW)
- Author : Harvard International Review
- Release Date : January 22, 2007
- Genre: Business & Personal Finance,Books,
- Pages : * pages
- Size : 630 KB
Description
Islamic finance has been one of the fastest-growing areas of the global financial services industry over the last decade. This growth, estimated at 15 percent annually over the last three years, has been primarily driven by vast inflows of petrodollars, the search by Western banks for high-margin businesses, and widespread innovation in Islamic financial engineering. However, Islamic financial institutions have not achieved the same degree of success in creating regulatory environments conducive to greater innovation and development of Islamic capital markets. Standardized regulation is critical to the future growth of Islamic finance. [ILLUSTRATION OMITTED]
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