Publisher's Synopsis
Islamic finance refers to the means by which corporations in the Muslim world, including banks and other lending institutions, raise capital in accordance with Sharia, or Islamic law. It also refers to the types of investments that are permissible under this form of law. The text Risk Management in Islamic Finance presents an integrated risk-management framework for Islamic finance. The objective of first chapter is to discuss why Islamic banks tend to avoid profit and loss sharing arrangements and how the risk management concept can offer solutions for this problem. Second chapter focuses on risk management in Islamic finance, an analysis of derivatives instruments in commodity markets. Third chapter aims to present Islamic banks and to determine the necessity of
