|
|
|
Islamic finance is spreading around the world. Governments realizing its potential for profits and jobs are duelling with each other to create the best regulatory and supportive framework for it.Islamic finance faces many challenges, including recent regulatory changes, illiquidity issues, liquidity risk management concerns, need for harmonised regulation, regulatory disparity amongst national supervisors, and a potentially unlevel playing field.Among countries, the growth and acceptance of Islamic finance varies considerably. For obvious reasons, it is in Muslim countries where its growth appears fastest. However, the financial storms of recent years have drawn increasing attention to it globally. |
IP Logged
|
