Description
| Product ID: | 9783110579994 |
| Product Form: | Hardback |
| Country of Manufacture: | GB |
| Series: | De Gruyter Studies in Islamic Economics, Finance and Business |
| Title: | An Alternative Approach to Liquidity Risk Management of Islamic Banks |
| Authors: | Author: Abbas Mirakhor, Muhammed Habib Dolgun |
| Page Count: | 228 |
| Subjects: | Hospitality and service industries, Service industries |
| Description: | Select Guide Rating There are several studies on the performance, growth, and efficiency of Islamic banks, but empirical studies from the regulatory and supervisory perspectives are limited. The authors evaluate the liquidity risk management of Islamic banks regarding Despite noticeable growth in Islamic banking and finance literature in recent years, very few published books in this area deal with supervisory and regulatory issues in Islamic banking - theoretically or empirically - and none with the critical issue of risks involved in liquidity management of Islamic banks. This unique book is the first of its kind in dealing with challenges these financial institutions face in the absence of interest rate mechanism and debt-based financial instruments. The book examines critically issues involve in managing the risk of liquidity management for these types of institutions, including those stemming from Basel requirements. It then offers an alternative regulatory framework more appropriately suited for such banks without compromising safety and security. The book''s unique features and innovative dimensions diagnostically differentiate between Islamic banks and conventional banks as related to liquidity management risks. It proposes a risk-sharing regulatory framework that, once implemented, would mitigate risks posed by balance-sheet mismatches. The book aims to assist regulators, supervisors, Islamic finance practitioners, academicians and other relevant stakeholders. |
| Imprint Name: | De Gruyter Oldenbourg |
| Publisher Name: | De Gruyter |
| Country of Publication: | GB |
| Publishing Date: | 2021-01-18 |
