Risk Management for Islamic Banks

ISBN-13: 9780748670079 / Angielski / Twarda / 2013 / 230 str.

Rania Abdelfattah Salem

Opis

An integrated risk-management framework for Islamic banks. This guide shows students and professions how to identify, measure and mitigate risk in Sharia'h-compliant banks. Using simulated Islamic bank financial statements, it demonstrates the integrated risk management process, and investigates how risk regulatory insights have implications for banking policy.The global financial crisis of 2008 has increased the need for risk management in Islamic banks. However, the process is complicated: Islamic banks worldwide provide diverse financial facilities and services under one roof yet lack a uniform risk map and a structured risk management framework.

Spis treści

List of figures; List of tables; 1 Introduction; 2 Integrated risk management framework, 2.1 Risk management framework, 2.2 Risk management challenges in Islamic banks, 2.3 Integrated risk management in Islamic banks; 3 Risk Identification, 3.1 Overall bank risks, 3.2 Specific risks to Islamic banks 3.3 Risks in Islamic financial contracts; 4 Risk assessment, 4.1 Widely practised models, 4.2 Current practices in Islamic banks, 4.3 Developing risk assessment in Islamic banks; 5 Risk mitigation, 5.1 Mitigating overall risks, 5.2 Mitigating risks in contracts, 5.3 Other risk mitigation methods; 6 An Application of risk management to Islamic banks, 6.1 The Islamic bank model, 6.2 Risk analysis, 6.3 Scenario analysis, 6.4 Risk mitigation; 7 Prospects for risk regulation in Islamic banks, 7.1 Risk management regulation, 7.2 Risk management regulation status quo; 8 Conclusion; Glossary of Arabic terms; List of abbreviations; References; Index