Legal and Regulatory Framework in Islamic Banking System: Bangladesh Perspective
Islamic finance is one of the prominent phenomena over the last decade in the Middle-East and South-East Asia especially in banking industry. The role of Islamic banking in economy is still heavily debated.  The legal and regulatory framework in Islamic banking is more important rather than its function. But there is no independent body for regulating Islamic banking sector in Bangladesh. This paper argues that an independent body should be established for the regulation of Islamic banking in Bangladesh. Keywords: Regulation, Law, Islamic Banking, Bangladesh
Islamic Finance: Writings of V. Sundararajan
This book is a compilation of selected writings of DrVenkataraman Sundararajan (1945-2010), an international policy maker who played a significant role in the development of the regulatory and supervisory frameworks and policy for Islamic finance. Spanning more than a decade of his thoughts on Islamic finance, this book provides both basic and advanced knowledge of the field. The papers in this collection define Islamic finance, outline its many complexities, and provide practical recommendations that can help it in becoming an important global financial intermediary.
Islamic banking and finance : new perspectives on profit-sharing and risk
Decision-making under uncertainty - an Islamic perspective, Sami Ibrahim Al-Suwailem incentive compatible profit-sharing contracts - a theoretical treatment, Habib Ahmed agency contractual problems in profit-sharing practices by interest-free banks, Abdel-Fattah, A.A. Khalil, Colin Rickwood and Victor Murinde incentive compatible constraints for Islamic banking - some lessons from Bank Muamalat, Adiwarman A. Karim how informal risk capital investors manage asymmetric information in profit-loss sharing contracts, Mohammad Abalkhail and John R. Presley choice of debt or equity contract and asymmetrical information - an empirical evidence, Kazem Sadr and Zamir Iqbal Islamic banking contracts as enforced in Iran, Ali Yasseri Islamic financial institutions of India, their nature, problems and prospects, M.I. Bagsiraj the interface between Islamic and conventional banking, Rodney Wilson alternative visions of international monetary reform, M. Umer Chapra.