12  BIS Review 59/2009  •  EL-HAWARY Dahlia, GRAIS Wafik, IQBAL Zamir, “Regulating Islamic Financial Institutions: The Nature of the Regulated,” World Bank Working Paper 3227. •  ERRICO Luca & FARRAHBAKSH Mitra, “Islamic Banking: Issues in Prudential Regulation and Supervision,” IMF Working Paper,WP/98/30, March 1998; http://www.imf.org/external/pubs/ft/wp/wp9830.pdf.
After the difficulties with Northern Rock, it seems the American crisis spilled over into Europe. Is this the case? Or are the problems limited to Deutsche Bank?