Asset Details
Do you wish to reserve the book?
Islamic Banking And Financial Crisis Reputation Stability And Risk
Hey, we have placed the reservation for you!
By the way, why not check out events that you can attend while you pick your title.
Oops! Something went wrong.
Looks like we were not able to place the reservation. Kindly try again later.
Are you sure you want to remove the book from the shelf?
Islamic Banking And Financial Crisis Reputation Stability And Risk
Do you wish to request the book?
Islamic Banking And Financial Crisis Reputation Stability And Risk
Please be aware that the book you have requested cannot be checked out. If you would like to checkout this book, you can reserve another copy
We have requested the book for you!
Your request is successful and it will be processed during the Library working hours. Please check the status of your request in My Requests.
Oops! Something went wrong.
Looks like we were not able to place your request. Kindly try again later.
Journal Article
Islamic Banking And Financial Crisis Reputation Stability And Risk
2016
Overview
This paper reviews a book that explores the relationship between Islamic banking and financial crises through three main themes: reputation, stability, and risk. The review highlights the book's analysis of Islamic banks' performance during the 2008 global financial crisis, noting that they showed relative resilience compared to conventional banks due to their strong linkage with the real economy and avoidance of high-risk speculative instruments. It emphasizes that Islamic banks leveraged their Sharia-based reputation to reinforce customer and investor trust, with compliance serving as an ethical guarantee promoting transparency and fairness. The study also explains that Islamic financial instruments such as musharakah, mudarabah, and ijarah contributed to reducing systemic exposure, though challenges remained in applying these contracts within diverse regulatory environments. On the risk side, the review points out that Islamic banks are not immune to crises, as they continue to face issues related to liquidity shortages, limited diversification, and heavy reliance on murabaha contracts, which expose them to vulnerabilities similar to those of conventional banks. Ultimately, the paper concludes that the book makes a valuable contribution to understanding how Islamic banking interacts with financial crises, highlighting both the opportunities it offers for greater stability and the risks that could undermine its reputation if robust risk management mechanisms are not developed. Abstract Written by Dar AlMandumh, 2025, Using AI
Publisher
جامعة الملك عبدالعزيز - معهد الاقتصاد الإسلامي
