Risk Management Innovation of Islamic Financial Institutions
European Journal of Islamic Finance
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Title |
Risk Management Innovation of Islamic Financial Institutions
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Creator |
Reno, Putri; Universiti of Sultan Sharif Ali Brunei Darussalam
Abdullah, Rose; Universiti of Sultan Sharif Ali Brunei Darussalam |
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Subject |
Risk Management Innovations,Islamic Financial Institutions
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Description |
The early of the millennium witnesses fast development in Islamic Financial Institutions. Professional practise and Islamic Financial specialist academics have been breathlessly racing to invent new Islamic Financial Institutions innovation in a rushing attempt to fill in all gaps and satisfy every need that may be thought of. The present paper aims at studying the risk management innovation arrangement in Islamic finance as may be derived from the axioms and rulings, especially in relation to the managing the risk. This is necessary to investigate the means and processes of risk management based on the Islamic financial paradigm. Even though, on average the Islamic Financial Institutions have good risk management practices, there is still enough room for Islamic Financial Institutions to improve their risk management system. The introduction of an effective risk management culture in Islamic Financial Institutions will ensure their competitiveness in the financial industry and financial crises.
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Publisher |
University of Turin - Italy
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Contributor |
—
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Date |
2016-04-29
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Peer-reviewed Article |
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Format |
application/pdf
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Identifier |
http://www.ojs.unito.it/index.php/EJIF/article/view/1649
10.13135/2421-2172/1649 http://www.ojs.unito.it/index.php/EJIF/article/download/1649/1439 |
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Source |
European Journal of Islamic Finance; No 4 (2016): EJIF - European Journal of Islamic Finance, 4, 2016
European Journal of Islamic Finance; No 4 (2016): EJIF - European Journal of Islamic Finance, 4, 2016 2421-2172 |
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Language |
eng
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Relation |
http://www.ojs.unito.it/index.php/EJIF/article/view/1649/1439
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Rights |
Copyright (c) 2016 European Journal of Islamic Finance
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