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Islamic banking and financial crisis : reputation, stability and risks
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ISBN: 9780748647613 0748647619 1322980489 0748672370 0748695133 9780748672370 9780748672394 0748672397 9780748695133 Year: 2014 Publisher: Edinburgh, Scotland : Edinburgh University Press Ltd,

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Abstract

Examines the resilience of Islamic banking during the global financial crisis and lessons for risk management. Do Islamic financial institutions perform better than their conventional counterparts during periods of financial stress? To what extent do systems for managing risk have to be adapted for Islamic financial institutions, given the unique characteristics of their assets and liabilities and the need for shari'ah compliance? These issues have come to prominence since the global financial crisis of 2007-8 and the subsequent recession, and are addressed in this book. The challenges for

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