‏698.00 ₪

Mapping the Risks and Risk Management Practices in Islamic Banking

‏698.00 ₪

ISBN13

9781119077817

יצא לאור ב

New York

זמן אספקה

21 ימי עסקים

עמודים

480

פורמט

Hardback

תאריך יציאה לאור

22 באוג׳ 2019

שם סדרה

Wiley Finance Editions

לדלג לסוף של גלריית תמונות

לדלג להתחלה של גלריית תמונות

פרטים

Deep, insightful analysis of controversial risk management issues in Islamic banking 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.

מידע נוסף

מידע נוסף
עמודים	480
פורמט	Hardback
ISBN10	1119077818
יצא לאור ב	New York
תאריך יציאה לאור	22 באוג׳ 2019
תוכן עניינים	Foreword xi About the Authors xiii Chapter 1 Introduction: Research Background and Motivation 1 Systemic Importance of Islamic Banking and Finance 3 Research Aims, Objectives and Questions 5 Research Hypotheses 6 Significance of the Study 7 Overview of the Research Methodology 9 Overview of the Research 10 Chapter 2 Principles of Islamic Banking and Finance 13 Historical Background of Islamic Banking and Finance 14 Size of the Industry 17 Principles of Islamic Banking and Finance 20 Basic Islamic Financing Contracts 20 Sukuk: A Step Toward Securitisation 25 Islamic Banking Versus Conventional Banking 31 Institutional Developments in Islamic Banking and Finance Industry 33 Conclusion 39 Chapter 3 Risk Management in Islamic Banks: A Theoretical Perspective 41 Risk Management: Basic Concepts and Techniques 44 Risk Management and the Credit Crunch 51 Classification of Risks 51 Risks Common to Both Islamic and Conventional Banks 54 Further Risk Areas Specific to Islamic Banks 93 Risk Categories are Entangled 106 Risk Management Issues in Sukuk 107 Risk Mitigation in Islamic Banking 110 Surveying Risk Management Practices in Islamic Banks: A Review of Empirical Research 120 Conclusion 123 Chapter 4 Capital Adequacy for Islamic Banks: A Survey 127 Significance of Capital in Banking 128 Classification of Capital 129 Steps in the Basel Accord 130 Basel II and Islamic Banks 138 Basel III 142 IFSB Principles on Capital Adequacy 143 Capital Adequacy as a Tool for Risk Mitigation 150 Conclusion 151 Chapter 5 Islamic Banking and the Financial Crisis 153 Understanding the Credit Crisis 156 The Financial Crisis and the Need for an Alternative System 163 The Financial Crisis and Islamic Finance and Banking as an Alternative Option 163 Deviations from the Foundational Shari'ah Principles: Evaluating the Operations of Islamic Finance 173 How to Achieve the Full Potential of Islamic Finance 177 Conclusion 181 Chapter 6 Research Framework and Methodology 183 Research Questions and Objectives 183 Research Hypotheses 185 Research Methodology 191 Research Design 191 Research Strategy 193 Research Method 194 Difficulties and Limitations 210 Conclusion 211 Chapter 7 Profiling Perspectives of Risk Dimensions in Islamic Finance: Descriptive Questionnaire Data Analysis 213 Data Analysis and Results 213 Conclusion 250 Chapter 8 Analysing Perceptions of Risk and Risk Management Dimensions and Issues: Inferential Statistical Analysis 253 Risk Perception 254 Risk Management and Reporting 295 Risk Measurement 301 Risk Mitigation 303 Islamic Banking in Practice 304 The Next Chapter in Islamic Banking 306 Conclusion 307 Chapter 9 Exploring Perceptions of Risk and Risk Management Practices in Islamic Banking: Interview Data Analysis 309 Interview Analysis 309 Forming the Main Interview Themes 310 Interview Questions 310 Results and Data Analysis 311 Conclusion 335 Chapter 10 Contextualising the Findings: An Interpretative Discussion 337 Risk Perception in Islamic Banking 337 Islamic Finance Contracts 345 Additional Risk Issues Facing Islamic Financial Institutions 351 Capital Adequacy for Islamic Banks 353 Islamic Banking and the Global Credit Crisis 356 Risk Management and Reporting 363 Risk Measurement 365 Risk Mitigation 367 Islamic Banking in Practice 370 The Future of Islamic Banking 372 Conclusion and Summary 378 Chapter 11 Conclusion and Research Recommendations 381 Summary of the Research 381 Reflecting on the Research Findings 382 Research Implications and Recommendations 386 Limitations of the Study 389 Suggestions for Future Research 390 Appendix 1: Questionnaire 393 List of Acronyms 401 Epilogue 403 Bibliography 405 Index 415
זמן אספקה	21 ימי עסקים