Islamic finance poses challenges for central banks: Bank of Italy
A Bank of Italy paper published in October says fragmented Islamic finance markets in Europe may pose challenges to central banks and regualtors.
Giorgio Gomel, Angelo Cicogna, Domenico De Falco, Marco Valerio Della Penna, Lorenzo Di Bona De Sarzana, Angela Di Maria, Patrizia Di Natale, Alessandra Freni, Sergio Masciantonio, Giacomo Oddo, and Emilio Vadalà - the paper's authors - study the Islamic finance market in Europe and the implications of the market on central bank and supervisory
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