Risk Management for Islamic Banks

Recent Developments from Asia and the Middle East

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.

The efforts by four budding scholars to write on this topic are indeed laudable. This book discusses risk management for Islamic banks in a comprehensive manner and yet makes it easy for readers to understand.