TY - BOOK ID - 84874300 TI - Regulation and Supervision of Islamic Banks AU - Mejia, Aledjandro Lopez. AU - Aljabrin, Suliman. AU - Awad, Rachid. AU - Norat, Mohamed. AU - Song, In. PY - 2014 SN - 1498315631 1498327265 1498361595 9781498361590 9781498327268 PB - Washington, D.C. : International Monetary Fund, DB - UniCat KW - Banks and banking KW - Bank management KW - Agricultural banks KW - Banking KW - Banking industry KW - Commercial banks KW - Depository institutions KW - Finance KW - Financial institutions KW - Money KW - Management KW - Banks and banking, Islamic KW - Islamic banks and banking KW - Non-interest banks, Islamic KW - Religious aspects KW - Islam. KW - Islam KW - Law and legislation. KW - State supervision. KW - Religious aspects&delete& KW - Islam&delete& KW - State supervision KW - Law and legislation KW - E-books KW - Banks and Banking KW - Finance: General KW - Financial Risk Management KW - Public Finance KW - Islamic Banking and Finance KW - Industries: Financial Services KW - General Financial Markets: Government Policy and Regulation KW - Banks KW - Depository Institutions KW - Micro Finance Institutions KW - Mortgages KW - Comparative Analysis of Economic Systems KW - Other Economic Systems: Public Economics KW - Financial Economics KW - Taxation, Subsidies, and Revenue: General KW - Financial Institutions and Services: Government Policy and Regulation KW - Financing Policy KW - Financial Risk and Risk Management KW - Capital and Ownership Structure KW - Value of Firms KW - Goodwill KW - Public finance & taxation KW - Financial services law & regulation KW - Economic & financial crises & disasters KW - Islamic banking KW - Legal support in revenue administration KW - Basel Core Principles KW - Deposit insurance KW - Financial services KW - Revenue administration KW - Financial regulation and supervision KW - Credit risk KW - Islamic countries KW - Revenue KW - Crisis management KW - Financial services industry KW - Financial risk management KW - United Arab Emirates UR - https://www.unicat.be/uniCat?func=search&query=sysid:84874300 AB - This paper aims at developing a better understanding of Islamic banking (IB) and providing policy recommendations to enhance the supervision of Islamic banks (IBs). It points out and discusses similarities and differences of IBs with conventional banks (CBs) and reviews whether the IBs are more stable than CBs. Given the risks faced by IBs, the paper concludes that they need a legal, corporate and regulatory framework as much as CB does. The paper also argues that it is important to ensure operational independence of the supervisory agency, which has to be supported by adequate resources, a sound legal framework, a well designed governance structure, and robust accountability practices. ER -