Risk and regulation of Islamic banking
By: edited by Mervyn K. Lewis, Mohamed Ariff, Shamsher Mohamad
Contributors: Shamsher Mohamad, editor
Series: Foundations of Islamic finance; Foundations of Islamic finance
Publisher: Edward Elgar
Published: 2014
Place of publication: Cheltenham, UK; Northampton, MA
Language: eng
Number of pages: 320
ISBN-13: 9781783476121; 9781783476138
Subjects: Banks and banking; Finance and Accounting; Islam
Description: From a single product offering in 1963, the Islamic financial services industry has grown to an estimated $1.6 trillion in assets. Products must comply with profit and risk-sharing criteria and regulations preventing banks from venturing into activities with high risk and excessive uncertainty. This timely volume analyses these matters and considers the range of new products, discussing both conceptual and practical dimensions.
Notes: Includes bibliographical references and index.