Islamic banking and financial crisis : reputation, stability and risks /

Do Islamic financial institutions perform better than their Western counterparts during periods of financial stress? How do Islamic financial institutions manage risk, given their unique characteristics and the need for Shari'ah compliance? Islamic Banking and Financial Crisis looks at the chal...

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Bibliographic Details
Other Authors: Ahmed, Habib (Editor), Asutay, Mehmet (Editor), Wilson, Rodney (Editor)
Format: Electronic eBook
Language:English
Published: Edinburgh : Edinburgh University Press, [2014]
Subjects:
Online Access:CONNECT
CONNECT
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Summary:Do Islamic financial institutions perform better than their Western counterparts during periods of financial stress? How do Islamic financial institutions manage risk, given their unique characteristics and the need for Shari'ah compliance? Islamic Banking and Financial Crisis looks at the challenges for Islamic financial institutions in an international post-Basel II system where banks are required to have more capital and liquidity. It also examines the influence of governance on client and investor perceptions and their implications for institutional stability and sustainability. It concludes by suggesting how the Islamic financial industry can better fulfil both the legal and social requirements of Shari'ah. Key Features. Assesses how Islamic banks weathered the financial crisis and what lessons can be learnt Focuses on liquidity risk and the use of forward contracts to mitigate currency risk Appraises the work of internal Shari'ah audit units and the use of Shari'ah reports to reduce non-compliance risks Case studies from the Gulf, Malaysia, the UK, Pakistan, Turkey and GCC countries
Item Description:EBSCO eBook Academic Comprehensive Collection North America
EBSCO eBook Business Collection
Books at JSTOR Evidence Based Acquisitions
Physical Description:1 online resource (xii, 244 pages) : illustrations
Bibliography:Includes bibliographical references and index.
ISBN:9780748672370
0748672370
9780748672394
0748672397
9780748695133
0748695133