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Book
Islam and capitalism in the making of modern Bahrain
Author:
ISBN: 0191976504 0192874683 0192874691 Year: 2023 Publisher: Oxford : Oxford University Press,

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Abstract

This text examines the liberation of the economy in Bahrain through market-led capitalism backed by Islamic charities. The vast economic transformation has fractured parts of society in Bahrain using foreign labour and the development of skilled professionals in the private sector which has impeded the investment in the local population.


Book
Multi-Country Report : Ensuring Financial Stability in Countries with Islamic Banking-Case Studies-Press Release; Staff Report.
Author:
ISBN: 1484303067 1484303016 Year: 2017 Publisher: Washington, D.C. : International Monetary Fund,

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Abstract

This paper presents country experiences with reforms to strengthen regulatory oversight of the Islamic banking sector. Based on the selected country experiences, a number of important lessons and policy options can be drawn that have implications for the stable and sound development of Islamic banking. An enabling regulatory and institutional framework and a level playing field for conventional and Islamic banks is critical for the sound and stable growth of the Islamic banking industry. The country experiences also underscore the importance of providing an enabling framework while letting market forces determine the size of the industry.

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