This title provides an integrated risk management framework for Islamic banks. This guide shows students and professionals how to identify, measure and mitigate risk in Shari'ah-compliant banks. Covering the key areas - credit or default risk, liquidity risk, market risk, operational risk, Shari'ah risk and displaced commercial risk - it explains risk analysis and mitigation on both the contract and the overall bank level. Using financial statements from a simulated Islamic bank, Salem demonstrates how this integrated risk-management process would work in practice, and investigates how risk regulatory insights have implications for banking policy. Simulated financial statements include the balance sheet, income statement and profit distribution model. It provides a risk coding system that facilitates risk management and reporting systems. It includes a glossary of key Arabic terms and abbreviations for students and professionals who are not familiar with Islamic finance.
Editorial Reviews
Review
Select Guide Rating
From the Inside Flap
Edinburgh Guides to Islamic Finance Series Editor: Rodney Wilson Edinburgh Guides to Islamic Finance is a series of short guides to key areas in Islamic finance, offering an independent academic perspective and a critical treatment. 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. This guide provides a structured process (including risk identification, measurement and mitigation) for managing risks in Islamic banks, and presents highlights of risk management in conventional banks. It uses simulated Islamic bank financial statements to demonstrate the integrated risk management process, and investigates risk regulatory insights which have implications for banking policy. Key Features -Covers the critical aspects of the subject: credit or default risk, liquidity risk, market risk, operational risk, Shari'ah risk and displaced commercial risk -Presents risk analysis and mitigation on the contract level and the overall bank level -Uses a simulated Islamic bank with its key financial statements: balance sheet, income statement and profit distribution model -Provides a risk coding system that facilitates risk management and reporting systems -Features a glossary of key Arabic terms and abbreviations Rania Abdelfattah Salem is a Lecturer in Finance at the German University in Cairo. Cover design: [EUP logo] http://www.euppublishing.com
From the Back Cover
Edinburgh Guides to Islamic Finance Series Editor: Rodney Wilson Edinburgh Guides to Islamic Finance is a series of short guides to key areas in Islamic finance, offering an independent academic perspective and a critical treatment. 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. This guide provides a structured process (including risk identification, measurement and mitigation) for managing risks in Islamic banks, and presents highlights of risk management in conventional banks. It uses simulated Islamic bank financial statements to demonstrate the integrated risk management process, and investigates risk regulatory insights which have implications for banking policy. Key Features - Covers the critical aspects of the subject: credit or default risk, liquidity risk, market risk, operational risk, Shari'ah risk and displaced commercial risk - Presents risk analysis and mitigation on the contract level and the overall bank level - Uses a simulated Islamic bank with its key financial statements: balance sheet, income statement and profit distribution model - Provides a risk coding system that facilitates risk management and reporting systems - Features a glossary of key Arabic terms and abbreviations Rania Abdelfattah Salem is a Lecturer in Finance at the German University in Cairo. Cover design: [EUP logo] http://www.euppublishing.com
About the Author
Rania Abdelfattah Salem is Lecturer in Finance at the German University in Cairo, Egypt
Wow! eBook
