Reform of financial regulation is a priority on the international agenda. At the call of the Group of Twenty Finance Ministers and Central Bank Governors (G-20), a number of new international standards have been issued, most notably Basel III. As a member of the G-20, the Financial Stability...

This edited volume explores theoretical and empirical issues related to monetary economics and policy in the Islamic financial system. Derived from the Conference on Islamic Monetary Economics and Institutions: Theory and Practice 2017 held in Malé, Maldives, the enclosed papers highlights...

Foreword -- Preface -- List of Contributors -- List of Figures -- List of Tables -- Chapter 1. Introduction -- Part I. Theoretical Foundation of Monetary Policy from Islamic Perspectives -- Chapter 2. Monetary Economics, Monetary Policy and Macroeconomic Model for an ‘Islamic’ Economy --...