Basel III has prompted a large amount of discussion among the Islamic financial sector. At first glance, the new regime should be positive: Islamic banks should easily already clear most of the new requirements for capital and adequacy ratios without needing to raise substantial amounts of new capital - unlike their conventional banking peers. This should effectively level the playing field between the two schools of finance.
For example, Basel III is targeting a minimum core Tier I capital level
The week on Risk.net, October 6-12, 2017Receive this by email
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