Thesis

Abstract This thesis analyzes the implications of Muslim precepts on banks building and activities, focalisation on banking supervision way outs. 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 effected banking. The end of Islamic banks operating in a accomplished 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 management in an Islamic Framework 19 A. Legal Foundations 22 B. way of Operational Risks 22 B.1 roof 23 B.1.1 direct of the Capital Adequacy Ratio 23 B. 1.2 Risk-weighting Methodology 25 B.1.3 Off-balance tab Commitments 26 B.2Assets 27 B.3 Management 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 the obstacle against the pay and receipt of a fixed or ! predetermine valuate of interest, which is replaced by profit- and loss-sharing arrangements whereby the rate of return to financial assets held with banks is not cognize and not fixed prior to the undertaking of individually 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 indigence to grow a full essay, order it on our website: BestEssayCheap.com

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