FIRST EUROPEAN MOVERS IN REGULATION OF ISLAMIC FINANCE

Year 2012, Volume: 4 Issue: 2, 297 - 306, 01.12.2012

Széles Zoltán Maszlag Zoltán

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

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