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National and Global Islamic Financial Architecture:

Problems and Possible Solutions for the OIC Member Countries

254

Private Sector Development Unit & Financial and Private Sector Development Network

Investment Climate Department.

Wilson, P. W. (1991).

A question of Interst: Paralysis of Saudi Banking.

Boulder Westview Press.

Primary Resources Saudi Arabia (Laws, Implementation Rules, Royal Order)

Royal Decree No. M/5 of 1966, Banking Control Law.

Royal Order No. 729/8 of 1987, established the SAMA Committee.

Royal Order No. 4/110 of 1988, the Banking Control Law.

Royal Decree No. M/30 of 2003, the Code ‘Offers of Securities Regulations’.

Royal Decree No. M/32 of 2003, Law on Supervision of Cooperative Insurance Companies.

Royal Decree No. M/50 of 2012,Real Estate Finance Law.

Royal Decree No. M/51 of 2012, Finance Companies Control Law.

Royal Decree No. M/78 of 2007, the Saudi judicial system new law of judiciary.

Royal Decree No. M/5 of 1985, National Company for Cooperative Insurance.

Royal Decree No. M/34, of 2012, the Law of Arbitration.

Royal Decree No. M/2 of 1970, the Commercial Court Law.

Royal Decree No. M/16 of 1995, Law of Settlement Preventing Bankruptcy.

Board of the Capital Market Authority Pursuant to its Resolution Number 3-58-2014 of 2014.

Senegal

Abdullahi, Shafiu Ibrahim (2103), “Islamic Banking in West African sub-Region: A Survey”,

Arabian Journal of Business and Management Review

, 2 (7), 28-46.

Al-Natoor, Bashar (2015), “Islamic finance in Africa in its infancy; important initiatives

underway”,

Islamic Finance News

, , 9 September 2015.

EIU (2015),

Mapping Africa’s Islamic Economy

, The Economist Intelligence Unit Limited, 2015.

Gelbard, Enrique, Mumtaz Hussain, Rodolfo Maino, Yibin Mu and Etienne B. Yehoue (2014),

“Islamic Finance in Sub Saharan Africa: Status and Prospects”, IMF Working Paper

WP/14/149, International Monetary Fund, Washington DC.

IFN (2016), “IFN Country Analysis-Senegal”,

Islamic Finance News

, Vol 13, Issue 04, 27 January

2016

, http://www.islamicfinancenews.com/ifn-country-analysis-senegal

Partnership ICD and Central Bank

http://islamicbankingmagazine.com/index.php/2012-12- 24-07-48-29/item/1963-the-bceao-and-icd-sign-a-mou-on-cooperation

Capital

Market

Institution

http://www.brvm.org/LinkClick.aspx?fileticket=ukFBM2k3%2frY%3d&tabid=36&mid=46 6&language=fr-FR