Thesis

Abstract This thesis analyzes the implications of Muslim precepts on banks social system and activities, charge on banking supervision replications. It points out and discusses these issues in the context of a effigy version of Muslim banking, as well as in frameworks that fall between the paradigm version and ceremonious banking. The end of Islamic banks operating in a schematic organization is also examined. ContentsPage Summary 3 I. Introduction 4 II. Review of the primal Features of Islamic Banking 6 A. Problems in Implementing the PLS Scheme12 III. Banking watch in an Islamic Framework 19 A. Legal Foundations 22 B. way of Operational Risks 22 B.1 chapiter 23 B.1.1 direct of the Capital Adequacy Ratio 23 B. 1.2 Risk-weighting Methodology 25 B.1.3 Off-balance winding-sheet Commitments 26 B.2Assets 27 B.3 Ma nagement 28 B.4Earnings 32 B.5Liquidity 32 C.Information Disclosure 34 D.Licensing Procedures 37 IV. Current Practices and future Developments in Islamic Banking 39 V.

Concluding Remarks 42 References 43 Annexures I-V textual matter Tables Islamic Modes of financial support 7 Comparison of Banking Frameworks 10 Islamic Banking in Practice: Shift in the focal point of Banking Supervision 40 SUMMARY Islamic precepts influence the structure and activities of banks in several ways, the most important being th e inhibition against the pay and receipt o! f a fixed or influence valuate of interest, which is replaced by profit- and loss-sharing arrangements whereby the rate of return to financial assets held with banks is non cognize and not fixed prior to the undertaking of all(prenominal) transaction. Islamic banks thus differ from conventional banks, but the issue of what prudent standards should apply to Islamic banks has received little attention. This...If you deprivation to grow a full essay, order it on our website: BestEssayCheap.com

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