Islamic finance, consumer protection, and financial stability /

Consumer protection and financial literacy are essential pillars of a well functioning and stable financial system. As the global financial crisis demonstrated, inadequate attention to consumer protection and financial literacy can lead to financial instability. Though Shari'ah principles provi...

Descripción completa

Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Lukonga, Inutu (Autor)
Autor Corporativo: International Monetary Fund. Middle East and Central Asia Department
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, ©2015.
Colección:IMF working paper ; WP/15/107.
Temas:
Banks and banking > Religious aspects > Islam.
Consumer protection (Islamic law)
Financial literacy > Islamic countries.
Financial risk management > Islamic countries.
Culture financière > Pays musulmans.
Finances > Gestion du risque > Pays musulmans.
BUSINESS & ECONOMICS > Finance.
Banks and banking > Religious aspects > Islam
Financial literacy
Financial risk management
Islamic countries
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover
  • Contents
  • Abstract
  • I. Introduction
  • II. Consumer Protection and Financial Stability
  • A. The Financial Stability Nexus
  • B. Elements of Consumer Protection
  • III. The Case for Consumer Protection in Islamic Finance
  • A. Industry Growth But Limited Consumer Choice
  • B. Product Characteristics
  • C. Conventional Deposit Insurance Schemes
  • IV. Current Practices in Consumer Protection
  • V. Conclusions and Options for Strengthening Consumer Protection
  • Tables
  • 1. Status of Legal Frameworks for Consumer Protection
  • Figures
  • 1. A Framework for Consumer Protection in Islamic Finance
  • 2. Growth of Islamic Finance Assets
  • 3. Sukuk Market Size, Growth, and Structure
  • 4. Concentration in the Islamic Banking Sector
  • 5. Strength of Legal Rights
  • Boxes
  • 1: Sukuk Defaults and Legal Risks
  • Appendixes
  • 1. Sukuk Structures
  • References
  • Annexes
  • 1. Characteristics of Selected Islamic Financial Products.

Ejemplares similares