islamic finance

Di Avv.Prof. Stefano Loconte

L’ultimo contributo del nostro studio su  Islamic Finance News del 1 April 2020 (Volume 17 Issue 13, pagina 15). 

“If we want to consider the opportunity for Italy to create an Islamic Bank, namely the possibility to constitute an Islamic bank, an Italian subsidiary of an Islamic bank or an Islamic window of an Italian bank, we firstly have to consider that the concept of ‘bank’ as designed in conventional Finance does not exist in Islamic finance. What is different is the business object of the institution and the manner it is pursued. An Italian bank usually collects deposits and grants credits and, pursuant to Article 10 of the Italian Consolidate Law on Banking, ‘banks’ are institutions which can exercise, not only banking activities, but also all those financial activities not reserved by the law to other specific intermediaries.In view of this, it is important to take into consideration the special features that an Islamic financial institution need to be Shariah compliant, but also to verify the rules a bank in Italy shall comply with to play its activities”

Potete leggere l’articolo completo nell’ultimo IFN a pag.15: potete scaricare l’intero ultimo numero di Aprile sul sito  www.islamicfinancenews.com, leggere il singolo articolo  qui, o scaricarlo come PDF a seguito.