Reform of Banking Laws and Regulations in Iran

Reform of Banking Laws and Regulations in Iran PDF 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.

Reform of Banking Laws and Regulations in Iran

Reform of Banking Laws and Regulations in Iran PDF 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.

The Monetary and Banking Law of Iran

The Monetary and Banking Law of Iran PDF Author: Iran
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 28

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Book Description


The Monetary and Banking Law of Iran

The Monetary and Banking Law of Iran PDF Author: Iran
Publisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 33

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Book Description


Monetary and Banking Law of Iran

Monetary and Banking Law of Iran PDF Author: Iran
Publisher:
ISBN:
Category : Banking law
Languages : en
Pages : 36

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Book Description


Monetary and Banking Law of Iran: Act Ratified on Khordad 7, 1339 (28th May 1960)

Monetary and Banking Law of Iran: Act Ratified on Khordad 7, 1339 (28th May 1960) PDF Author: IRAN [Leyes, etc., bancarias]
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Islamic Banking

Islamic Banking PDF 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.

Islamic Banking and Finance

Islamic Banking and Finance PDF Author: Sayed Hassan Amin
Publisher: Royston Publishers
ISBN:
Category : Business & Economics
Languages : en
Pages : 92

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Book Description


Iran Banking and Financial Market Handbook

Iran Banking and Financial Market Handbook PDF 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

Islamic Law and Finance

Islamic Law and Finance PDF 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

An Overview of Islamic Finance

An Overview of Islamic Finance PDF Author: Mr.Mumtaz Hussain
Publisher: International Monetary Fund
ISBN: 1513565621
Category : Business & Economics
Languages : en
Pages : 35

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Book Description
Islamic finance has started to grow in international finance across the globe, with some concentration in few countries. Nearly 20 percent annual growth of Islamic finance in recent years seems to point to its resilience and broad appeal, partly owing to principles that govern Islamic financial activities, including equity, participation, and ownership. In theory, Islamic finance is resilient to shocks because of its emphasis on risk sharing, limits on excessive risk taking, and strong link to real activities. Empirical evidence on the stability of Islamic banks, however, is so far mixed. While these banks face similar risks as conventional banks do, they are also exposed to idiosyncratic risks, necessitating a tailoring of current risk management practices. The macroeconomic policy implications of the rapid expansion of Islamic finance are far reaching and need careful considerations.