Islamic Banking and Financial Crisis
Reputation, Stability and Risks
Habib Ahmed editor Rodney Wilson editor Mehmet Asutay editor
Format:Hardback
Publisher:Edinburgh University Press
Published:16th Nov '13
Currently unavailable, and unfortunately no date known when it will be back
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.
‘This book furthers the literature comparing Islamic and conventional banking during and after the most recent crisis. However, it also moves beyond that explicitly comparative method. Although there are a host of similarities between Islamic banking and its conventional counterpart, there are also differences without which the claim to being distinctive and distinctively Islamic would fall away. As a result the chapters in this collected volume comprise original innovation thereby advancing the existing literature.’ -- Scott Morrison, Akita University * Journal of Islamic Studies *
I highly recommend this compelling book to any newcomer to Islamic finance, as a primer on the subject, as well as to experts. * Mahmoud Mohieldin, The World Bank's President Special Envoy *
ISBN: 9780748647613
Dimensions: unknown
Weight: unknown
256 pages