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The Design of Instruments for Government Finance in an Islamic Economy

International Monetary Fund - 1998

This paper presents perhaps the most viable approach for the design of an instrument of government finance (and monetary management) in an Islamic economy where conventional transactions based on an ex-ante promise of a risk-free rate of return are forbidden. Resources to finance government...

Persistent link: https://www.econbiz.de/10014400833

Islamic State of Afghanistan : First Review Under the Staff-Monitored Program

International Monetary Fund - 2004

This paper assesses the First Review Under the Staff-Monitored Program (SMP) for Afghanistan. The authorities have met all of the indicative quantitative targets set out under the SMP and all the structural benchmarks, except the benchmark on licensing of commercial banks, which was only partly...

Persistent link: https://www.econbiz.de/10014406456

Islamic State of Afghanistan : Staff-Monitored Program

International Monetary Fund - 2004

Since end-2001, the Government of Afghanistan (GoA) has focused on crisis management, establishing or rebuilding fundamental institutions and basic government services, and maintaining economic stability with the help of the international community. The authorities have made significant strides...

Persistent link: https://www.econbiz.de/10014406485

Islamic State of Afghanistan : 2003 Article IV Consultation-Staff Report; Public Information Notice on the Executive Board Discussion; and Statement by the Executive Director for t...

International Monetary Fund - 2003

The authorities have made solid progress in rebuilding institutions and implementing sound economic policies, although huge challenges still remain. The IMF has been providing extensive policy advice and technical assistance to the authorities. With the help of the international community, the...

Persistent link: https://www.econbiz.de/10014406514

Islamic State of Afghanistan : 2004 Article IV Consultation and Second Review Under the Staff-Monitored Program—Staff Report; Staff Statement; Public Information Notice on the Exec...

International Monetary Fund - 2005

This paper focuses on Afghanistan’s 2004 Article IV Consultation and Second Review Under the Staff-Monitored Program. The authorities have made further progress in rebuilding institutions and implementing sound economic policies. They have maintained their commitment to fiscal discipline. Real...

Persistent link: https://www.econbiz.de/10014407081

Public Finance in Islam

International Monetary Fund - 1989

The paper analyzes the bearing of Islamic teachings on the conduct of fiscal policy. It is shown that Islamic teachings do not prescribe any rigid system of public finance. The major emphasis is on the state’s responsibility to assure at least a basic minimum standard of living for all...

Persistent link: https://www.econbiz.de/10014396236

Stabilization and Growth in an Open Islamic Economy

International Monetary Fund - 1988

Islam proposes the replacement of an interest-based financial system with one which operates on the basis of risk and …

Persistent link: https://www.econbiz.de/10014396001

Financial Sector Assessment Program : Malaysia - Basel Core Principles for Effective Banking Supervision

International Monetary Fund - 2013

Bank Negara Malaysia (BNM) employs a very well developed risk-focused regulatory and supervisory regime, consisting of … Principles (BCPs) in Malaysia has been undertaken as part of a joint International Monetary Fund (IMF)-World Bank Report on the … structure and development of the Malaysia financial sector; and (iv) meetings with individual banks, the banking association and …

Persistent link: https://www.econbiz.de/10012560009

Financial Sector Assessment Program : Malaysia - IOSCO Objectives and Principles of Securities Regulation

International Monetary Fund - 2013

The Securities Commission Malaysia (SC), as the supervisor of the capital markets, has developed a robust supervisory … Malaysia (FIMM) should be implemented in full by carrying out on-site inspections as presently planned. At this stage in the …

Persistent link: https://www.econbiz.de/10012560012

Malaysia; Publication of Financial Sector Assessment Program Documentationâ€”Detailed Assessment of Observance of the CPSS-IOSCO Principles for Financial Market Infrastructures...

International Monetary Fund (IMF); International … - 2013

This report is an assessment of the CPSS-IOSCO Principles for Financial Market Infrastructures (PFMI) in Malaysia. The … and securities. The payment and security systems are elaborated along with the roles of Bursa Malaysia Securities Clearing …, Bursa Malaysia Depo, and the Bursa Malaysia Derivative Clearing mechanism. The Executive Board comments that Malaysia shows …

Persistent link: https://www.econbiz.de/10011244525