{"product_id":"9783319808123","title":"Macroprudential Regulation and Policy for the Islamic Financial Industry: Theory and Applications","description":"\u003ch1\u003eMacroprudential Regulation and Policy for the Islamic Financial Industry: Theory and Applications\u003c\/h1\u003e \u003ch2\u003eZulkhibri, Muhamed; Ismail, Abdul Ghafar; Hidayat, Sutan Emir\u003c\/h2\u003e \u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis volume aims to discuss the\ncurrent research, theory, methodology and applications of macropreudential\nregulation and policy for the Islamic financial industry. Published in\ncooperation with the Islamic Research and Training Institute (IRTI), this book features\ncontributions from a workshop presented in collaboration with the University\nCollege of Bahrain (UCB) in Manama, Bahrain, aimed to bring together experts in\nIslamic banking and regulation and financial economics. This resulting book\nsheds light on how macroprudential policy may be implemented in the Islamic\nfinancial system, and indicates current challenges and their effects on\neconomic growth, financial stability and monetary regulation.\u003c\/p\u003e\u003cp\u003e\n\n\u003c\/p\u003eMacroprudential policy\nis increasingly seen as a way of dealing with the different dimensions of\nsystemic risk. But many central banks, bank supervisors and regulators have\nlimited experience with macroprudential tools, particularly in the Islamic\nfinancial industry. Given the complementarities between monetary policy and\nfinancial stability, it appears that central banks would always play an\nimportant role in macroprudential policy. But how should macroprudential policy\nbest interact with monetary policy? It is becoming more pressing for the central\nbanks to conduct monetary policy in which its conventional banking system\noperates side by side with Islamic banking system. This question has received\nincreasing attention in the research literature but there is much we still need\nto learn. This is why new insights from research on macroprudential policy –\nwhich has gained important impetus in recent years – are so valuable. \u003cp\u003e\n\n\n\n\n\n\n\nFeaturing\ncontributions on topics such as macroprudential regulation, policy, tools and\ninstruments; governance, systematic risk, monetary policy, and bank leverage,\nthe editors provide a collection of comprehensive research covering the most\nimportant issues on macroprudential policy and regulation for the Islamic\nfinancial industry. This volume is expected to be a significant contribution to\nthe literature in the field of Islamic finance and evaluation of public\npolicies to promote the development for Islamic financial industry. It is also\nserved as a key text for students, academics, researchers, policy-makers in the\nfield of Islamic finance.\u003cbr\u003e\u003c\/p\u003e \u003ch3\u003eDetails\u003c\/h3\u003e \u003cp\u003ePublished by: Springer\u003c\/p\u003e \u003cp\u003ePublication Date: 2018-05-30\u003c\/p\u003e \u003cp\u003eFormat: Paperback\u003c\/p\u003e \u003cp\u003eISBN-13: 9783319808123\u003c\/p\u003e \u003cp\u003eDOI: 10.1007\/978-3-319-30445-8\u003c\/p\u003e \u003cp\u003eDimensions: 235cm x155cm\u003c\/p\u003e \u003cp\u003ePages: 272\u003c\/p\u003e ","brand":"Springer International Publishing","offers":[{"title":"Default Title","offer_id":47525356404876,"sku":"9783319808123","price":98.99,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0710\/9545\/1788\/files\/9783319808123.jpg?v=1776024411","url":"https:\/\/lateknightbooks.com\/products\/9783319808123","provider":"Late Knight Books and Services, LLC","version":"1.0","type":"link"}