FIRST EUROPEAN MOVERS IN REGULATION OF ISLAMIC FINANCE

Abstract

Before the crisis, for the most of European decision makers, Islamic finance was an exotic issue. Nowadays more and more European governments are interested in set up Islamic part of their financial system. We have researched the latest developments in EU member countries which made opportunity for this financial market segment with making special regulation for that. A comparison was made between the European regulatory examples and countries which have dominating Islamic finance segment in their financial sector.

Keywords

• Islamic finance, conventional finance, regulation

References

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