Risks Facing the Profit-loss Sharing Banking System Within The Global Financial Crisis

K. Belarbi Abdelhafid; A. El-refae Ghaleb; Abu Rashed Jamal

Article Details

Risks Facing the Profit-loss Sharing Banking System Within The Global Financial Crisis

Authors:

K. Belarbi Abdelhafid | A. El-refae Ghaleb | Abu Rashed Jamal

Publisher:

Ecole nationale supérieure en statistique et en économie appliquée

Journal:

Revue d'économie et de statistique appliquée Vol.9 Issue 1, pp.27-37

Document Type:

Article

Publication Date:

6/2012

Document Language:

English

Document ID (Org No.):

2001454434

pISSN:

2600-6642

Keywords:

Abstract:

 While conventional banks are facing challenges to resolve problems emanating from the worst financial crisis in living memory, the Islamic banking sector is flourishing and remains in relative prosperity.
However, dynamic changes occurring in the global financial world pose various risks to banking institutions. Islamic banks are not immune to such risks. Their relative continuous prosperity depends on how well they manage such risks. Identifying these risks sheds light on challenging these risks. Unlike conventional banks, Islamic banks share business risks with investors and borrowers. The difference lies in the nature of risk sharing. This paper examines the different types of risks associated with different schemes of financial contracts that Islamic banks are facing. The paper also addresses several policy implications to promote risk management in terms of globalization and culture changes within profit-loss sharing banking industry.

Article Details

Risks Facing the Profit-loss Sharing Banking System Within The Global Financial Crisis

Authors:

K. Belarbi Abdelhafid | A. El-refae Ghaleb | Abu Rashed Jamal

Publisher:

Ecole nationale supérieure en statistique et en économie appliquée

Journal:

Revue d'économie et de statistique appliquée Vol.9 Issue 1, pp.27-37

Document Type:

Article

Publication Date:

6/2012

Document Language:

English

Document ID (Org No.):

2001454434

pISSN:

2600-6642

banking institutions

credit risk

Islamic banking

Issues

Article Details

Risks Facing the Profit-loss Sharing Banking System Within The Global Financial Crisis

Authors: K. Belarbi Abdelhafid | A. El-refae Ghaleb | Abu Rashed Jamal

Publisher: Ecole nationale supérieure en statistique et en économie appliquée

Journal: Revue d'économie et de statistique appliquée Vol.9 Issue 1, pp.27-37

Document Type: Article

Publication Date: 6/2012

Document Language: English

Document ID (Org No.): 2001454434

pISSN: 2600-6642

banking institutions

credit risk

Islamic banking

Issues

Authors:

K. Belarbi Abdelhafid | A. El-refae Ghaleb | Abu Rashed Jamal

Publisher:

Ecole nationale supérieure en statistique et en économie appliquée

Journal:

Revue d'économie et de statistique appliquée Vol.9 Issue 1, pp.27-37

Document Type:

Article

Publication Date:

6/2012

Document Language:

English

Document ID (Org No.):

2001454434

pISSN:

2600-6642