Abstract

The study aimed to design a proposed model for a system of regulation and supervision of Islamic banks that is consistent with the characteristics and nature of its work, by answering the main question: What is the proposed vision for the Saudi Central Bank to create an appropriate regulatory and supervisory regime for Islamic banks? To accomplish its main goal represented in establishing a proposed model for designing a supervision and regulation system for Islamic banks operating in the Saudi banking sector. The study used the deductive and inductive approaches to achieve its main goal. The study considers its construction of a proposed model that enables the Central Bank of Saudi Arabia to reach the formulation of a system of supervision and control of Islamic banks, the most important result that has been reached.

Keywords

Central Bank, Islamic Banks, Challenges facing Islamic Banks, Regulatory Regime, Banking Supervision.

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