Reform of Banking Laws and Regulations in Iran PDF Download
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Author: Ardeshir Atai
Publisher: BRILL
ISBN: 9004390561
Category : Law
Languages : en
Pages : 118
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Book Description
Since the 1979 Islamic Revolution, Iran has implemented Sharia-compliant banking and finance which makes it one of the few countries that has adopted Islamic banking. The post-war liberalization and privatization of the economy and subsequent deregulation had paved the ground for emergence of private banks and financial institutions which had been subject to strict government control and ownership of banks. Further reform of the banking sector included authorization for the establishment and operations of foreign-owned banks in Iran and ratification of international treaties for the reciprocal protection and promotion of capital investments. The most recent government reform plan concerning adoption of a comprehensive banking law aims to create a single regulator for the prudential regulation and supervision of banks and financial institutions. The implementation of the aforesaid banking reform will be instrumental for achieving a sound and safe banking system and restoring investor confidence in the Iranian banking and money markets.
Author: Ardeshir Atai
Publisher: BRILL
ISBN: 9004390561
Category : Law
Languages : en
Pages : 118
Get Book Here
Book Description
Since the 1979 Islamic Revolution, Iran has implemented Sharia-compliant banking and finance which makes it one of the few countries that has adopted Islamic banking. The post-war liberalization and privatization of the economy and subsequent deregulation had paved the ground for emergence of private banks and financial institutions which had been subject to strict government control and ownership of banks. Further reform of the banking sector included authorization for the establishment and operations of foreign-owned banks in Iran and ratification of international treaties for the reciprocal protection and promotion of capital investments. The most recent government reform plan concerning adoption of a comprehensive banking law aims to create a single regulator for the prudential regulation and supervision of banks and financial institutions. The implementation of the aforesaid banking reform will be instrumental for achieving a sound and safe banking system and restoring investor confidence in the Iranian banking and money markets.
Author: Iran
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 36
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Book Description
Author: Iran
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 28
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Book Description
Author: Iran
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 33
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Book Description
Author: IRAN [Leyes, etc., bancarias]
Publisher:
ISBN:
Category :
Languages : en
Pages : 0
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Book Description
Author: International Monetary Fund
Publisher: International Monetary Fund
ISBN: 1451925328
Category : Business & Economics
Languages : en
Pages : 30
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Book Description
In an Islamic system, as interest is prohibited, banks are expected to operate solely on the basis of profit and risk sharing. This paper describes the developments in Islamic banking in Iran and Pakistan. As these two countries have initiated the most far-reaching experiments with Islamic banking, their experiences have a significant bearing on the feasibility of such a system. The developments in these countries are evaluated against the theory underlying the Islamic banking, and suggestions are made to achieve a more efficient system.
Author: Sayed Hassan Amin
Publisher: Royston Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 92
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Book Description
Author: Usa Ibp Usa
Publisher: International Business Publications USA
ISBN: 9781438723846
Category : Business & Economics
Languages : en
Pages : 272
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Book Description
Iran banking and Financial Market Handbook
Author: Chibli Mallat
Publisher: Springer
ISBN:
Category : History
Languages : en
Pages : 224
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Book Description
A collection of papers analyzing the various attempts to establish a system of Islamic law and finance. It investigates the modes of operation of institutions adopting the Islamic system, drawing on examples such as Malaysia, Iran, Pakistan and Egypt. Annotation copyrighted by Book News, Inc., Portland, OR
Author: Habib Shirazi
Publisher: Lexis Law Publishing (Va)
ISBN:
Category : Business & Economics
Languages : en
Pages : 136
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Book Description
The law relating to banking practice in Islamic countries is a subject that is of continuing importance. For example, the Koran prohibits the charging of interest and banks frequently have to resort to complex legal arrangements to conduct their business. The central role Islam plays in the politics and economy of a number of financial centres means that the problems are very far from being academic. It was originally written for the Central Bank of Iran and is now to be made available in English.
