01726cas a2200241 a 4500 AALejournalIMF004875 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451867398 1018-5941 BD-DhAAL BD-DhAAL Sole, Juan. Introducing Islamic Banks into Conventional Banking Systems / Juan Sole. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (26 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Over the last decade, Islamic banking has experienced global growth rates of 10-15 percent per annum, and has been moving into an increasing number of conventional financial systems at such a rapid pace that Islamic financial institutions are present today in over 51 countries. Despite this consistent growth, many supervisory authorities and finance practitioners remain unfamiliar with the process by which Islamic banks are introduced into a conventional system. This paper attempts to shed some light in this area by describing the main phases in the process, and by flagging some of the main challenges that countries will face as Islamic banking develops alongside conventional institutions. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/175 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/175/001.2007.issue-175-en.xml IMF e-Library