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Islamic Banking:

How to Manage Risk and Improve Profitability (Google eBook)
Front Cover
1 Review
John Wiley & Sons, Nov 17, 2010 - Business & Economics - 224 pages
A detailed look at the fast-growing field of Islamic finance and banking

The guiding principle of Islamic finance has existed throughout Islamic history, yet modern Islamic banking has been around for a relatively short period of time. Author Amr Mohamed El Tiby is an expert in this field, and with this new book, he reveals how you can benefit from the use of Islamic banking strategies in your financial endeavors.

Engaging and accessible, Islamic Banking shows the impact this approach has made on conventional banking since the 1950s, and why it's such a big player in the current market. It offers a unique look at various aspects of this field, including the salient features of Islamic banking that distinguishes it from non-Islamic banking, the development of the regulatory bodies and supervisory agencies that support the Islamic banking system, and much more. It also explores the nature of risk in Islamic banking and the issues of capital adequacy, corporate governance, transparency, and risk associated with Islamic banking.

  • Discusses the history and development of Islamic finance
  • Offers straightforward strategies for implementing Islamic finance into your business activities
  • Sheds light on the effect of the global economic crisis on Islamic banks versus conventional banks

Filled with in-depth insights and expert advice, this detailed analysis of Islamic finance will help you gain a firm understanding of how effective this proven approach can be.

  

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Good reference book for regulators; it is for them to understand Islamic Accounting & Finance and how it works in global economy.
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Contents

CHAPTER
3
1 The Development of Islamic Banking from 1965
10
PART
24
2 Islamic Banking Risk
29
5 IFSB Principles for Market Risk
36
8 IFSB Principles for Operational Risk
42
Operational Risk in Islamic Banking
59
CHAPTER 6
71
CHAPTER 11
151
2 Rights of Investment Account Holders IAH
160
7 Independence in the Shariah Governance System
168
CHAPTER 12
171
Challenges Facing Islamic Banking and Recommendations
183
Conclusions
184
Recommendations
185
Abbreviations
187

PART THREE
81
Conventional
94
CHAPTER 8
97
CHAPTER 9
119
1 Classification of Capital in Islamic Banking
124
PART FOUR
141
Glossary
189
References
193
About the Author
199
Index
201
Copyright

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About the author (2010)

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.

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