Macroprudential Regulation and Policy for the Islamic Financial Industry

Part I. Institutional Framework for Macroprudential in Islamic Banking System

1. Macroprudential Policy and Regulation in a Dual Banking System: An Exploratory Perspective
Muhamed Zulkhibri, Ismaeel Naiya

2. Doctrinal Challenge for Islamic Banking on Macroprudential Regulations: A Religion-Regulation Mismatch 2.0
Etsuaki Yoshida

3. Conceptual Proposal for Future Macroprudential Framework Under a Dual Financial System in Indonesia
Ascarya, Adiwarman A. Karim, Siti Rahmawati, Masyhudi Muqorrobin, Dimas Bagus Wiranatakusuma

Part II. Macroprudential Policy, Systemic Risks and Financial Stability in Islamic Financial Industry

4. Risk Management Methodologies: An Empirical Macro-prudential Approach for a Resilient Regulatory Framework for the Islamic Finance Industry
Samir Alamad

5. Competitive Condition and Market Power of Islamic and Commercial Conventional Banks in Indonesia
Cupian, Muhamad Abduh

6. Early Warning Indicators and Macroprudential Policy Tools
Hazik Mohamed

7. A Proposed Formula for Reserve Requirement–Financing to Deposit Ratio: The Case of Islamic Banking in Indonesia
Rifki Ismal, Sutan Emir Hidayat

8. Testing of the Procyclicality of Islamic and Conventional Banks in Indonesia
Ascarya, Siti Rahmawati, Adiwarman A. Karim

9. Short-Term Liquidity Management Mechanisms in the Absence of Islamic Interbank Loan Markets
Magomet Yandiev

Part III. Experiences in Implementing Macroprudential Policy in a Dual Banking System

10. Macroprudential Analysis of Financial Crisis Impacts on Banks’ Soundness: Evidence from Pakistan
Azam Ali, Noraini Ariffin

11. Regulatory Framework for Islamic Finance: Malaysia’s Initiative
Siti Muawanah Lajis, Obiyathulla Ismath Bacha, Abbas Mirakhor

12. Islamic Finance and Macroprudential Policy: The Case of Iranian Banking System
Mehdi Hadian

Part IV. Interplay Between Macroprudential Policy with Other Markets

13. Indonesia Shari’ah Compliance Stock Index Responses Toward Macroprudential and Monetary Policy of Indonesian Central Bank
Helma Malini

14. Socioeconomic Development and Its Effect on Performance of Islamic Banks: Dynamic Panel Approaches
Mohammad Ashraful Ferdous Chowdhury, Md. Mahmudul Haque, Syed Othman Alhabshi, Abul Mansur Mohammed Masih

15. Macroprudential Tools and Its Relationship with Monetary Policy Tools
Abdul Ghafar Ismail, Zuriyati Ahmad

Avainsanat: Economics, Macroeconomics/Monetary Economics//Financial Economics, Emerging Markets/Globalization, Public Economics, Risk Management