02048cas a2200277 a 4500 AALejournalIMF015135 230101c9999 xx r poo 0 0eng d 5.00 USD 9781498325035 2617-6750 BD-DhAAL BD-DhAAL Kammer, Alfred. Islamic Finance : Opportunities, Challenges, and Policy Options / Alfred Kammer, Mohamed Norat, Marco Pinon, Ananthakrishnan Prasad. Washington, D.C. : International Monetary Fund, 2015. 1 online resource (38 pages) Staff Discussion Notes <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 The SDN discusses the main policy issues and challenges in building an inclusive and safe Islamic finance industry, with emphasis on Islamic banking and Sukuk markets. To this end, it discuses why Islamic finance matters, taking into account its recent and prospective growth; and, its potential contributions in terms of financial inclusion, support for small- and medium-sized enterprises and investment in public infrastructure and, in principle, reduced systemic risk. It then covers a range of regulatory and other challenges, and offers policy advice, to address factors that hamper the development of the industry and, more generally, the delivery of its potential benefits. The paper covers regulatory and supervisory issues, safety nets and resolution frameworks, access to finance, Sukuk markets, and macroeconomic policies. Mode of access: Internet Norat, Mohamed. Pinon, Marco. Prasad, Ananthakrishnan. Staff Discussion Notes; Staff Discussion Notes ; No. 2015/005 Full text available on IMF http://elibrary.imf.org/view/journals/006/2015/005/006.2015.issue-005-en.xml IMF e-Library