Risk management for Islamic banks : (Record no. 28083)

LIBRARY OF CONGRESS CONTROL NUMBER
LC control number 2015019100
INTERNATIONAL STANDARD BOOK NUMBER
International Standard Book Number 9781118734421
DEWEY DECIMAL CLASSIFICATION NUMBER
Call number 332.1068/1
MAIN ENTRY--PERSONAL NAME
Authors Wahyudi, Imam
TITLE STATEMENT
Title Risk management for Islamic banks :
Subtitle recent developments from Asia and the Middle East
Statement of responsibility, etc Imam Wahyudi ... [et al.]
PUBLICATION, DISTRIBUTION, ETC. (IMPRINT)
Place of publication Singapore :
Publisher John Wiley & Sons, Inc.,
Date c2015.
PHYSICAL DESCRIPTION
Extent xxvii, 404 p. :
Other Details ill. ;
Size 24 cm.
SERIES STATEMENT
Series statement The Wiley finance series
CONTENTS
Contents Preface xv Acknowledgments xxi About the Authors xxiii List of Acronyms xxv PART ONE Introduction CHAPTER 1 Principles of the Islamic Financial System 3 Islamic Financial Contracts: The li-tabarru Contract versus li-tijari Contract 3 Principles of Islamic Finance 5 Interest-Based Return versus Profit Loss Sharing 6 CHAPTER 2 The Islamic Bank and Risk Management 9 Differences between an Islamic Bank and a Conventional Bank 10 History of the Islamic Bank 11 Global Islamic Banking Entities 12 Risk as an Integral Part of Islamic Bank 16 Stages in Risk Management 20 Risk and Return Trade-Off 27 Various Approaches on Risk Identification 28 The Importance of Risk Management for an Islamic Bank 28 PART TWO Risk Management Framework in Islamic Banking CHAPTER 3 History of Risk Management in Islamic Banking 33 Basel I and Its History 34 Basel II and Its History 36 Basel III and Its History 40 The AAOIFI and Its Role 43 The IFSB and Its Role 44 CHAPTER 4 The Risk Management Process in Islamic Banking 47 Risk Management Model in Islamic Banks 47 Risk Identification Process in Islamic Banking 56 Risk Matrix 57 Risk Mitigation Process 61 Risk Review Process 62 Infrastructure and Facilities 62 Calculation of Minimum Capital Requirements 66 CHAPTER 5 Financial Reporting and Analysis in Islamic Banking 72 The Importance of Financial Statements in Risk Analysis 72 Scope of Financial Statement in Islamic Banks 74 Basic Contracts and Instruments in the Islamic Bank 78 Structure of the Balance Sheet 80 Analysis of Income Statement 87 Persistence Analysis 88 Tools of Financial Statement Analysis 89 Core Business Activity in Islamic Banks 92 Off-Balance Sheet Activity in Islamic Banks 101 PART THREE Risk Management in Islamic Banking CHAPTER 6 Financing Risk in Islamic Banking 107 Urgency of Financing Risk Management in Islamic Banking 107 Characteristics of Islamic Financing Contracts 108 Financing Risk: Definitions and Its Scope 110 Role of Rahn and Kafalah 112 Defining Determinant Factors of Financing Risk 114 Urgency of the Independent Rating Agency 128 Rating and Financing Risk Provisions 130 Risk-Based Financing Limit 133 Concentration Risk in Financing Portfolio 133 Financing Portfolio Management 135 Measuring Financing Risk in the Islamic Bank 139 CHAPTER 7 Operational Risk in Islamic Banking 144 Urgency of Risk Awareness 144 Operational Risk Coverage in Islamic Banks 145 Identification of Operational Risk Factors 149 Operational Risk in Islamic Financial Contracts 155 Measurement of Islamic Operational Risk 160 Developing an Operational Risk Management System 166 CHAPTER 8 Syari ah Compliance Risk 168 Basic Principles of Islamic Economics and Financial System 169 Syari ah as Principle and Spirit in Business 170 Various Prohibitions in Mu amalah 172 Why Should Islamic Banking Comply with Islamic Principles? 175 Integrating Syari ah Compliance in the Islamic Bank 176 Evolution of Syari ah Governance in Islamic Financial System 177 Syari ah Advisory Board and Syari ah Compliance Audit as a Framework 179 Identification Process of Syari ah Compliance Risk 183 Risk Management and Mitigation of Syari ah Compliance Risk 187 Models of Syari ah Governance in Several Countries 188 CHAPTER 9 Strategic Risk 194 Definition and Scope of Strategic Risk in Islamic Banking 195 Determinants of Strategic Risk and Its Mitigation 196 Issues Related to Strategic Risk 204 CHAPTER 10 Investment Risk in Islamic Banking 209 Syirkah as a Distinct Trait of Islamic Banks 209 Basic Concept of Investment Risk 210 Forms of Risk and Their Mitigation 216 Regulations on Profit Distribution Management 230 CHAPTER 11 Market Risk in Islamic Banking 232 Urgency of Market Risk 233 Scope of Market Risk in Islamic Banks 234 Identification of Market Risk Profile 239 Market Risk Measurement in Islamic Banks 244 Market Risk Mitigations in Islamic Banking 253 Implementation of Market Risk Mitigation 256 CHAPTER 12 Liquidity Risk in Islamic Banking 264 Urgency of Liquidity Risk 264 Credit Multiplier, Financial Stability and Liquidity Crises 265 Definition and Coverage of Liquidity Risk 267 Islamic Bank s Assets and Liabilities 271 Liquidity Risk Management in Islamic Banks 272 PART FOUR Future Prospects and Challenges in Islamic Banking CHAPTER 13 Development of the Islamic Financial Market 285 Islamic Capital Market 286 Derivative Islamic Market 292 Regulation and Supervisory in Islamic Financial Market 294 Institutional-Based Development Framework 295 Stability in Islamic Financial System: Lesson from Global Financial Risk 296 CHAPTER 14 Development of a Pricing Model in Islamic Banking 299 Fundamentals in Islamic Pricing Model 299 Time Value of Money in Pricing Model 302 Current Islamic Pricing Model 305 Urgency of Pricing Mechanism in Islamic Banks 314 CHAPTER 15 Pathways of Risk Management in Islamic Banks 315 Islamic Banks as Real Implementation of Risk Management 315 Challenges of Islamic Banking in the World 317 Blueprint for Islamic Banking Regulation 319 Prospects and Challenges of Islamic Banking Development 323 Strategic Issues in the Implementation of Islamic Risk Management 324 CHAPTER 16 Future Agenda 328 Landscape of Integrated Islamic Risk Management 329 Synergy and Integration among Islamic Financial Institutions 330 Competency and Competitiveness of Islamic Banking 331 Regulatory Agenda in the Future 333 Anticipating the Potential Systemic Risks 335 PART FIVE Conclusion CHAPTER 17 Summary and Conclusion 345 Glossary 350 Bibliography 359 Index 383.
SUMMARY
Summary Gain insight into the unique risk management challenges within the Islamic banking system Risk Management for Islamic Banks: Recent Developments from Asia and the Middle East analyzes risk management strategies in Islamic banking, presented from the perspectives of different banking institutions.
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Banks and banking
General Religious aspects
-- Islam
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading Banks and banking
General Risk management
Form Islamic countries
SUBJECT ADDED ENTRY--TOPICAL TERM
Topical Heading BUSINESS & ECONOMICS / Finance
ADDED ENTRY
Name Rosmanita, Fenny
ADDED ENTRY
Name Prasetyo, Muhammad Budi
ADDED ENTRY
Name Putri, Niken Iwani Surya
ELECTRONIC LOCATION AND ACCESS
Uniform Resource Identifier https://uowd.box.com/s/z8n92t05i80md1j4rangc3c0yydf3rt4
Public note Location Map
MAIN ENTRY--PERSONAL NAME
-- 48411
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 7344
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 48412
SUBJECT ADDED ENTRY--TOPICAL TERM
-- 396
ADDED ENTRY
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ADDED ENTRY
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ADDED ENTRY
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Holdings
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        University of Wollongong in Dubai University of Wollongong in Dubai Islamic Collection 2015-12-16 AMAUS 332.10681 WA RI T0053070 2017-01-26 70.00 2017-01-26 REGULAR

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