Islamic Banking How to Manage Risk and Improve Profitability

by El Tiby Ahmed, Amr Mohamed

• ISBN13: 9780470880234
• ISBN10: 0470880236
• Edition: 1st
• Format: Hardcover
• Copyright: 2011-01-04
• Publisher: Wiley

Summary

Islamic Banking will be about the nature of risk in Islamic banking and the regulatory framework which includes capital adequacy, corporate governance, transparency and risk associated with Islamic banking. The book will cover materials about Islamic banking and also will show how each of these issues defers from the non-Islamic Banking, shading light on the effect of the global economic crisis on Islamic banks vs. conventional banks. It will discuss history and development, the nature of risk, the importance and role of capital, corporate governance and transparency, the salient features of Islamic banking that distinguishes it from non-Islamic banking, and the development of the regulatory bodies and supervisory agencies that support the Islamic banking system. The book will try to give answers to questions such as: Is the existing regulatory framework sufficient enough to - Ensure safe and sound banking system? Face the inherent risk associated with Islamic banking? Prevent systemic risk in the banking system? The book concludes with discussions on (1) the relationship between the Islamic banking regulators and the western regulators, and (2) the obstacle and challenges from regulatory prospective that faces the Islamic banking.

Author Biography

AMR MOHAMED EL TIBY is presently a vice president in a bank based in the United Arab Emirates. He graduated from Cairo University and then earned a degree in finance from the same university. He has a master's degree in economics from the American University in Cairo and a PhD from the American University in London. His master's thesis was about the Basel Capital Adequacy Accord, and his PhD dissertation was about the risk and regulatory framework for Islamic banking.

Table of Contents

List of Tables

Foreword

Preface

Acknowledgments

Understanding the Origins

Introduction to Islamic Banking

History and Development of Islamic Banking

Risk in Islamic Banking

The Nature of Risk in Islamic Banking

The Inherent Risk in Islamic Banking Instruments

Operational Risk in Islamic Banking

The Islamic Capital Market

Capital Adequacy

The Importance and Role of Capital Literature Review

The Regulatory Framework of the Conventional Banking System: Basel I and II

The Regulatory Framework of Islamic Banks

Corporate Governance

The Supervisory Review Process and Issues

Corporate Governance in Islamic Banking

Market Discipline and Transparency in Islamic Banking

Challenges Facing Islamic Banking and Recommendations

Abbreviations

Glossary

Bibliography

About the Author

Index

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