IMF Working Paper on  Consumer Protection and Financial Stability

The IMF has released a Working Paper analysing consumer protection within the industry. The paper begins by stating the Islamic banking sector is now systemically important in a dozen countries and growing in many other countries. The growing complexity of products can make it difficult for consumers and investors to discern risks while the broadening of issuers exposes investors to differing counterparty risks.

The paper consists of the following sections:

• Consumer Protection and Financial Stability
• The Case for Consumer Protection in Islamic Finance
• IMF – Islamic Finance, Consumer Protection and Financial Stability Current Practices in Consumer Protection

Download Paper: IMF – Islamic Finance, Consumer Protection and Financial Stability (1.65MB)