Risks facing the profit-loss sharing banking system within the global financial crisis
Joint Authors
Abu Rashid, Jamal
al-Rifai, Ghalib
Bilarabi, Abd al-Hafiz
Source
Dirassat Journal Economic Issue
Issue
Vol. 3, Issue 1 (30 Jun. 2012), pp.3-8, 6 p.
Publisher
University of Laghouat Faculty of Economics Commercial and Management Sciences
Publication Date
2012-06-30
Country of Publication
Algeria
No. of Pages
6
Main Subjects
Business Administration
Economy and Commerce
Abstract EN
While conventional banks are facing challenges to resolve problems emanating from the worst financial crisis in living memory, the Islamic banking sector is flourishing and remains in relative prosperity.
However, dynamic changes occurring in the global financial world pose various risks to banking institutions.
Islamic banks are not immune to such risks.
Their relative continuous prosperity depends on how well they manage such risks.
Identifying these risks sheds light on challenging these risks.
Unlike conventional banks, Islamic banks share business risks with investors and borrowers.
The difference lies in the nature of risk sharing.
This paper examines the different types of risks associated with different schemes of financial contracts that Islamic banks are facing.
The paper also addresses several policy implications to promote risk management in terms of globalization and culture changes within profit-loss sharing banking industry.
American Psychological Association (APA)
Bilarabi, Abd al-Hafiz& al-Rifai, Ghalib& Abu Rashid, Jamal. 2012. Risks facing the profit-loss sharing banking system within the global financial crisis. Dirassat Journal Economic Issue،Vol. 3, no. 1, pp.3-8.
https://search.emarefa.net/detail/BIM-981195
Modern Language Association (MLA)
Bilarabi, Abd al-Hafiz…[et al.]. Risks facing the profit-loss sharing banking system within the global financial crisis. Dirassat Journal Economic Issue Vol. 3, no. 1 (Jun. 2012), pp.3-8.
https://search.emarefa.net/detail/BIM-981195
American Medical Association (AMA)
Bilarabi, Abd al-Hafiz& al-Rifai, Ghalib& Abu Rashid, Jamal. Risks facing the profit-loss sharing banking system within the global financial crisis. Dirassat Journal Economic Issue. 2012. Vol. 3, no. 1, pp.3-8.
https://search.emarefa.net/detail/BIM-981195
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 8
Record ID
BIM-981195