إدارة المخاطر بالصناعة المالية الإسلامية : مدخل الهندسة المالية

Abstract EN

Islamic Finance is well-known to be one of the fastest growing segments in global finance.

Despite its growth it faces many obstacles: the main of them is in area of Hedging and Risk Management.

The lack of tools, techniques and strategies of Hedging and Risk Management in Islamic Finance may lead to a difficulty in the diffusion of Islamic Banking and Finance.

There are many approaches for developing new strategies of Hedging in Islamic Finance, from which we choose and discuss: The Financial Engineering Approach.

Financial engineering and financial innovations are driving the global financial system toward greater economic efficiency by expanding the opportunities for sharing risk, lowering transaction costs, and reducing asymmetric information and agency costs.

It involves the design, development, and implementation of innovative financial instruments and processes as well as the formulation of creative solutions.

For Islamic financial institutions, a financial engineering challenge is to introduce new Shariah-compatible products that enhance liquidity, risk management, and portfolio diversification.