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More About This Title Mapping the Risks and Risk Management Practices in Islamic Banking
English
Mapping the Risks And Risk Management Practices In Islamic Banking is a comprehensive analysis of the current state of risk management practices within the Islamic banking industry, with recommendations for policy makers, bankers, and industry stakeholders. Going beyond the academic, this book presents the opinions and perceptions of industry financiers and bankers, alongside primary information and data collected by Islamic finance professionals to deconstruct and analyze the sector's current risk management practices. You'll get up to date on the latest attitudes and trends, and delve into the current issues surrounding risk management in Islamic banks. With a focus on practical applications, this authoritative guide discusses the unique risks facing Islamic banks, from the perspective of a wide range of practitioners.
Risk management is one of the biggest, most controversial issues in Islamic finance, yet it remains under-researched. Many uncertainties exist for which the answers are still unclear, yet will play a large role in shaping the industry's future. This book digs deep into current ideas and practices to discover what's being done, what needs to be done, and what needs to stop happening to keep the future of Islamic finance strong.
- Explore both Islamic and traditional attitudes toward risk
- Examine current Islamic risk management practices
- Understand the latest industry issues and trends
- Consider the diverse range of risks unique to the Islamic banking sector
Effective risk management in Islamic banking deserves priority attention. Unless the industry develops its own genuine risk management architecture, it cannot achieve its full potential and the viability needed for a more resilient financial system than the debunked Wall Street model. Mapping the Risks and Risk Management Practices in Islamic Banking provides a deep, authoritative analysis of where the industry is today and where it needs to develop.
English
Wael Kamal Eid (Jeddah, Saudi Arabia) is Head of Risk Management at SEDCO Holding Group, a Saudi Arabian wealth management conglomerate. He has extensive hands-on experience in Risk Management and Islamic banking in the Middle East and the UK. Wael started his professional Risk Management career at the Commercial International Bank in Egypt. He then pursued his MBA at the University of Warwick in the UK after being awarded the British Chevening scholarship.
Mehmet Asutay (Durham, U.K.) is a Professor in Middle Eastern and Islamic Political Economy and Finance at the Durham University Business School; the Director of the Durham Doctoral Training Centre in Islamic Finance; is the programme director for MSc in Islamic Finance & MSc in Islamic Finance and Management Programmes, and is also the Director of the Durham Islamic Finance Summer School. Mehmet is also the Managing Editor of the Review of Islamic Economics; is an Associate Editor of the American Journal of Islamic Social Sciences; and is a member of the Editorial Advisory Board of the International Journal of Islamic and Middle Eastern Finance and Management. He is also the Honorary Treasurer of BRISMES (British Society for Middle East Studies) and of the International Association for Islamic Economics.
English
Foreword
Acknowledgments
1. Introduction: Research Background and Motivation
2. Principles of Islamic Banking and Finance
3. Risk Management in Islamic Banks: A Theoretical Perspective
4. Capital Adequacy for Islamic Banks: A Survey
5. Islamic Banking and the Financial Crisis
6. Research Framework and Methodology
7. Profiling Perspectives on Risk Dimensions in Islamic Finance: Descriptive Questionnaire Data Analysis
8. Analysing Perceptions on Risk and Risk Management Dimensions and Issues: Inferential Statistical Analysis
9. Exploring the Perceptions on Risk and Risk Management Practices in Islamic Banking: Interview Data Analysis
10. Contextualising the Findings: An Interpretative Discussion
11. Conclusion and Research Recommendations
Epilogue
References
Index
