TY - BOOK ID - 84540222 TI - Introducing Islamic banks into conventional banking systems PY - 2007 SN - 1462344720 145198832X 1283518570 1451911920 9786613831026 PB - [Washington, D.C.] : International Monetary Fund, DB - UniCat KW - Banks and Banking KW - Financial Risk Management KW - Islamic Banking and Finance KW - Other Economic Systems: Public Economics KW - Financial Economics KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Financial Institutions and Services: Government Policy and Regulation KW - Banking KW - Finance KW - Economic & financial crises & disasters KW - Islamic banking KW - Islamic finance KW - Commercial banks KW - Deposit insurance KW - Banks and banking KW - Islamic countries KW - Crisis management KW - Malaysia KW - Financial institutions UR - https://www.unicat.be/uniCat?func=search&query=sysid:84540222 AB - Over the last decade, Islamic banking has experienced global growth rates of 10-15 percent per annum, and has been moving into an increasing number of conventional financial systems at such a rapid pace that Islamic financial institutions are present today in over 51 countries. Despite this consistent growth, many supervisory authorities and finance practitioners remain unfamiliar with the process by which Islamic banks are introduced into a conventional system. This paper attempts to shed some light in this area by describing the main phases in the process, and by flagging some of the main challenges that countries will face as Islamic banking develops alongside conventional institutions. ER -