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"Imam, Imam Muhammad author"
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Risk management for Islamic banks : recent developments from Asia and the Middle East
by
Wahyudi, Imam
in
Banks and banking
,
Banks and banking -- Religious aspects -- Islam
,
Banks and banking -- Risk management -- Islamic countries
2015,2016
Gain insight into the unique risk management challenges within the Islamic banking system
Risk Management for Islamic Banks: Recent Developments from Asia and the Middle East analyzes risk management strategies in Islamic banking, presented from the perspectives of different banking institutions. Using comprehensive global case studies, the book details the risks involving various banking institutions in Indonesia, Malaysia, UAE, Bahrain, Pakistan, and Saudi Arabia, pointing out the different management strategies that arise as a result of Islamic banking practices. Readers gain insight into risk management as a comprehensive system, and a process of interlinked continuous cycles that integrate into every business activity within Islamic banks.
The unique processes inherent in Islamic banking bring about complex risks not experienced by traditional banks. From Shariah compliance, to equity participation contracts, to complicated sale contracts, Islamic banks face unique market risks. Risk Management for Islamic Banks covers the creation of an appropriate risk management environment, as well as a stage-based implementation strategy that includes risk identification, measurement, mitigation, monitoring, controlling, and reporting. The book begins with a discussion of the philosophy of risk management, then delves deeper into the issue with topics like:
* Risk management as an integrated system
* The history, framework, and process of risk management in Islamic banking
* Financing, operational, investment, and market risk
* Shariah compliance and associated risk
The book also discusses the future potential and challenges of Islamic banking, and outlines the risk management pathway. As an examination of the wisdom, knowledge, and ideal practice of Islamic banking, Risk Management for Islamic Banks contains valuable insights for those active in the Islamic market.
A Treasury of Hadith
2014
Imam Nawawi's collection of forty two hadith brings together some of the most important and pivotal Prophetic traditions. Each tradition encapsulates a great rule of the religion of Islam, described by Islamic religious scholars as an \"axis\" in Islam. The commentary of the great hadith master Shaykh al-Islam Ibn Daqiq al-'Id is simple but erudite.
Mokrane Guezzou is a well-known translator of over ten works including the Qur'an commentary Wahidi's Asbab al-Nuzul.
Ibn Daqiq al-'Id (d.1302) is accounted as one of Islam's great scholars in the fundamentals of Islamic law and belief.
Imam Nawawi (1233-77) was an authority on hadith and a biographer, lexicologist, and Sufi.