Risk Management in Islamic Banks: Findings from Libya

Mine HALİS; Ahmed Elmabruk ABDSSALM ELTAWİL

Makale detayları

Risk Management in Islamic Banks: Findings from Libya

Yazarlar:

Mine HALİS | Ahmed Elmabruk ABDSSALM ELTAWİL

Yayıncı:

Bolu Abant Izzet Baysal University

Dergi:

The International Journal of Economic and Social Research 2017 Vol.13 Issue 2, pp.97-118

Belge Tipi:

Makale

Yayın Tarihi:

10/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000404343

eISSN:

1306-3553

pISSN:

1306-2174

Özet:

 


Islamic banking is one of the new growing financial streams that emerged
 in the Islamic world in the seventh decade of last century. Emerging 
from pioneering counties such as Malaysia, the Islamic financial concept
 had to adjust many of the strategies in order to comply with the 
Islamic law. The heart of the Islamic law’s financial instructions is 
the prohibition of interest and the sharing of profit and losses between
 the capital provider and the borrower. However, such a concept imposes 
many implications on the risk management of the financial institute 
adopting the Islamic banking concept. While traditional risk types, 
including credit, market, liquidity and operational risks, apply in 
Islamic banking, the sources of risk and mitigation strategies differ in
 comparison with conventional banking. Furthermore, there are unique 
risk types that accompany Islamic banking such as rate of return risk, 
equity investment risk, Sharia non-compliance risk, and displaced 
commercial risk. On the practical side, a case study of risk management 
in Libyan banks adopting Islamic banking principles isevaluated as a
 diagnostic research. The outcomes of the study show immaturity in the 
concept of risk management in the country affected by many non-financial
 factors. Therefore, the researcher provides his recommendation in order
 to empower development of the risk management concept in Libyan Banks

.

Makale detayları

Risk Management in Islamic Banks: Findings from Libya

Yazarlar: Mine HALİS | Ahmed Elmabruk ABDSSALM ELTAWİL

Yayıncı: Bolu Abant Izzet Baysal University

Dergi: The International Journal of Economic and Social Research 2017 Vol.13 Issue 2, pp.97-118

Belge Tipi: Makale

Yayın Tarihi: 10/2017

Belge Dili: Türkçe

Document ID (Org No.): 2000404343

eISSN: 1306-3553

pISSN: 1306-2174

Sayı

Yazarlar:

Mine HALİS | Ahmed Elmabruk ABDSSALM ELTAWİL

Yayıncı:

Bolu Abant Izzet Baysal University

Dergi:

The International Journal of Economic and Social Research 2017 Vol.13 Issue 2, pp.97-118

Belge Tipi:

Makale

Yayın Tarihi:

10/2017

Belge Dili:

Türkçe

Document ID (Org No.):

2000404343

eISSN:

1306-3553

pISSN:

1306-2174