Iqbal, ZamirVan Greuning, Hennie2012-06-012012-06-012008978-0-8213-7141-1https://hdl.handle.net/10986/6923This publication provides a comprehensive overview of topics related to the assessment, analysis, and management of various types of risks in the field of Islamic banking. It is an attempt to provide a high-level framework (aimed at non-specialist executives) attuned to the current realities of changing economies and Islamic financial markets. The Islamic financial system is not limited to banking; it also covers capital formation, capital markets, and all types of financial intermediation and risk transfer. Islamic finance was practiced predominantly in the Muslim world throughout the middle ages, fostering trade and business activities with the development of credit. The growth of Islamic finance coincided with the current account surpluses of oil-exporting Islamic countries. The Middle East saw a mushrooming of small commercial banks competing for surplus funds. The Islamic Republics of Iran, Pakistan, and Sudan announced their intention to make their financial systems compliant with Shariah.en-USCC BY 3.0 IGOACCOUNT HOLDERSACCOUNTANTACCOUNTINGACCOUNTING STANDARDSAMORTIZATIONARBITRATIONASSET CLASSIFICATIONASSET PORTFOLIOASSET QUALITYASSET-LIABILITY MANAGEMENTASYMMETRIC INFORMATIONAUDIT COMMITTEEAUDIT COMMITTEESBALANCE SHEETBANK ASSETSBANK BALANCE SHEETBANK SUPERVISIONBANKING ASSETSBANKING CORPORATIONBANKING INSTITUTIONSBANKING PRACTICEBANKING SYSTEMBANKING SYSTEMSBANKRUPTCYBANKRUPTCY PROCEDURESBROKERAGECAPITAL ACCOUNTSCAPITAL ADEQUACYCAPITAL FORMATIONCAPITAL INVESTMENTCAPITAL MARKETSCAPITAL REQUIREMENTSCASH BALANCESCASH FLOWCASH FLOWSCASH RESERVECENTRAL BANKCHECK CLEARINGCOLLATERALCOMMERCIAL BANKCOMMERCIAL BANKINGCOMMERCIAL BANKSCONFLICT OF INTERESTCONTRACTUAL OBLIGATIONSCONVENTIONAL BANKINGCONVENTIONAL FINANCECONVENTIONAL FINANCIAL MARKETSCORPORATE GOVERNANCECREDIBILITYCREDIT CULTURECREDIT RISKCREDITORSCURRENT ACCOUNT SURPLUSESCUSTODYDEBTDEBT CONTRACTDEBT CONTRACTSDEBT SECURITYDEBTORDEGREES OF RISKDEPOSITDEPOSITORSDEPOSITSDERIVATIVEDERIVATIVE INSTRUMENTSDEVELOPMENT BANKDISCLOSURE OF INFORMATIONDUE DILIGENCEECONOMIC DEVELOPMENTELECTRONIC FUNDSEQUITIESEQUITY CAPITALEQUITY FUNDSEQUITY INVESTMENTEXPENDITURESFIDUCIARY RESPONSIBILITYFINANCIAL ASSETSFINANCIAL CAPITALFINANCIAL CRISESFINANCIAL FLOWSFINANCIAL PERFORMANCEFINANCIAL RISKFINANCIAL RISKSFINANCIAL STABILITYFINANCIAL STATEMENTFINANCIAL STATEMENTSFINANCING REQUIREMENTSFIXED INTERESTFIXED INTEREST RATEFRAUDFUND MANAGEMENTGLOBAL FINANCEGLOBAL MARKETSGOVERNANCE ISSUESHOLDINGIMPLICIT GUARANTEESINFORMATIONAL ASYMMETRYINFRASTRUCTURE FINANCINGINSURANCEINSURANCE COMPANIESINTANGIBLEINTEREST RATESINTERNATIONAL BANKINTERNATIONAL FINANCEINTERNATIONAL FINANCIAL MARKETSINVENTORYINVESTINGINVESTMENT ASSETSINVESTMENT BANKINVESTMENT BANKINGINVESTMENT BANKSINVESTMENT FUNDSINVESTMENT OPPORTUNITIESINVESTMENT RISKISLAMIC BANKISLAMIC BANKINGISLAMIC BANKSISLAMIC BONDSISLAMIC CAPITALISLAMIC CAPITAL MARKETSISLAMIC ECONOMICSISLAMIC FINANCEISLAMIC FINANCIAL INDUSTRYISLAMIC FINANCIAL INSTITUTIONISLAMIC FINANCIAL INSTITUTIONSISLAMIC FINANCIAL INSTRUMENTSISLAMIC FINANCIAL MARKETISLAMIC FINANCIAL MARKETSISLAMIC FINANCIAL SERVICESISLAMIC FINANCIAL SYSTEMISLAMIC FINANCIAL SYSTEMSISLAMIC FUNDSISLAMIC INSURANCEISLAMIC INVESTMENTISLAMIC LAWISLAMIC MORTGAGEISLAMIC MORTGAGESISLAMIC SCHOLARSISSUANCELEASE AGREEMENTLENDERLENDER OF LAST RESORTLENDERSLETTERS OF CREDITLIABILITYLIABILITY SIDELIABILITY SIDESLIMITED PARTNERSHIPLIQUIDITYLIQUIDITY RISKLOANLOAN PRODUCTSLOANABLE FUNDSLONG-TERM CAPITALLONG-TERM INVESTMENTSMARKET DISCIPLINEMARKET INDEXMARKET MAKERSMARKET RISKMARKET RISKSMARKET-MAKINGMARKETABLE SECURITIESMATURITIESMATURITYMATURITY MISMATCHMIDDLEMENMODERN FINANCIAL SYSTEMMONETARY FUNDMONETARY POLICYMORAL HAZARDMORTGAGEMORTGAGESMUTUAL FUNDSPAR VALUEPAYMENT OF INTERESTPAYMENT SYSTEMPRIVATE EQUITYPROFIT MARGINPROMISSORY NOTESPROPERTY RIGHTSRATE OF RETURNREGULATORY FRAMEWORKREGULATORY STANDARDSREINVESTMENTRESERVERESERVE REQUIREMENTRESERVESRETURNRETURN ON ASSETSRETURNSRIBARISK EXPOSURERISK EXPOSURESRISK MANAGEMENTRISK MEASUREMENTRISK PROFILERISK SHARINGSAVINGS BANKSSELF-REGULATORY AGENCYSETTLEMENTSHAREHOLDERSSHORT-TERM ASSETSSHORT-TERM DEPOSITSSOVEREIGN ENTITIESSTATE BANKSTOCKSSUKUKSUPERVISORY AUTHORITIESSUPERVISORY BOARDSUPERVISORY BOARDSTANGIBLE ASSETTANGIBLE ASSETSTRADE FINANCETRADE FINANCINGTRADINGTRANSACTIONTRANSFER RISKSTRANSPARENCYTREASURYTURNOVERUNIVERSAL BANKVALUE OF ASSETSWorld Bank10.1596/978-0-8213-7141-1