Risk management for Islamic banks : recent developments from Asia and the Middle East /

Gain insight into the unique risk management challenges within the Islamic banking system. Risk Management for Islamic Banks: Recent Developments from Asia and the Middle East analyzes risk management strategies in Islamic banking, presented from the perspectives of different banking institutions. U...

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Bibliographic Details
Main Authors: Wahyudi, Imam, 1981- (Author)
Corporate Authors: Wiley InterScience (Online service)
Group Author: Surya Putri, Niken Iwani.; Prasetyo, Muhammad Budi; Rosmanita, Fenny
Published: Wiley,
Publisher Address: Singapore :
Publication Dates: 2015.
Literature type: eBook
Language: English
Series: Wiley Finance
Subjects:
Online Access: http://onlinelibrary.wiley.com/book/10.1002/9781118809211
Summary: Gain insight into the unique risk management challenges within the Islamic banking system. Risk Management for Islamic Banks: Recent Developments from Asia and the Middle East analyzes risk management strategies in Islamic banking, presented from the perspectives of different banking institutions. Using comprehensive global case studies, the book details the risks involving various banking institutions in Indonesia, Malaysia, UAE, Bahrain, Pakistan, and Saudi Arabia, pointing out the different management strategies that arise as a result of Islamic banking practices. Readers gain insight into risk management as a comprehensive system, and a process of interlinked continuous cycles that integrate into every business activity within Islamic banks. The unique processes inherent in Islamic banking bring about complex risks not experienced by traditional banks. From Shariah compliance, to equity participation contracts, to complicated sale contracts, Islamic banks face unique market risks. Risk Management for Islamic Banks covers the creation of an appropriate risk management environment, as well as a stage-based implementation strategy that includes risk identification, measurement, mitigation, monitoring, controlling, and reporting. The book begins with a discussion of the philosophy of risk management, then delves deeper into the issue with topics like: -Risk management as an integrated system -The history, framework, and process of risk management in Islamic banking -Financing, operational, investment, and market risk -Shariah compliance and associated risk. The book also discusses the future potential and challenges of Islamic banking, and outlines the risk management pathway. As an examination of the wisdom, knowledge, and ideal practice of Islamic banking, Risk Management for Islamic Banks contains valuable insights for those active in the Islamic market.
Item Description: Title from resource description page (Recorded Books, viewed October 05, 2015).
Carrier Form: 1 online resource.
Bibliography: Includes bibliographical references and index.
ISBN: 9781118809211
1118809211
9781118734452
1118734459
1118734424
9781118734421
9781118734438
1118734432
Index Number: HG3368
CLC: F831
Contents: Part One: Introduction. Principles of the Islamic Financial System -- The Islamic Bank and Risk Management -- Part Two: Risk Management Framework in Islamic Banking. History of Risk Management in Islamic Banking -- The Risk Management Process in Islamic Banking -- Financial Reporting and Analysis in Islamic Banking -- Part Three: Risk Management in Islamic Banking. Financing Risk in Islamic Banking -- Operational Risk in Islamic Banking -- Syari'ah Compliance Risk -- Strategic Risk -- Investment Risk in Islamic Banking -- Market Risk in Islamic Banking -- Liquidity Risk in Islamic Banking -- Part Four: Future Prospects and Challenges in Islamic Banking. Development of the Islamic Financial Market -- Development of a Pricing Model in Islamic Banking -- Pathways of Risk Management in Islamic Banks -- Future Agenda -- Part Five: Conclusion. Summary and Conclusion.