Islamic Finance and Economic Development: Risk, Regulation, and Corporate Governance

Index

AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions), 6, 21, 32, 101, 134–135, 142–143, 155, 194–197

Accounting standards, 142–143. See also AAOIFI (Accounting and Auditing Organization for Islamic Financial Institutions)

Acronyms, xvii–xix

Agency ratings, 32–33

Amana banking, 10, 35, 43, 117–118

Arabic finance terminology, 16–17

Ar Rahnu Agreement–I (RA-I), 90

Asset management corporations (AMCs), 79–84

Assisted acquisition, 77

Audits. See External arrangements

Bahrain Islamic Bank, 4

Bahrain Monetary Authority, 70

Balance sheets, 13

Bank distress examples, 60–61

Banking risk categories, x

Bank Islam Malaysia, 60–61

Bank Negara Malaysia (BNM), 4, 61, 70, 73, 85, 87–88, 193

Basel Accords, 58

Basel Committee for Banking Supervision, 32

Basel Core Principles (BCP), 105

Basel III principles, 112

Benchmarking, 57–58

Bernanke, Ben, 98

Bond issues, 71

Cagamas Mudaraba Bonds (SMC), 88–89

Capital adequacy standard, 112

Central Bank of Bahrain (CBB), 72, 193

Commingling of funds, 137

Commodity murabaha, 86

Competence, 148, 151

Comprehensiveness, 186–187

Confidentiality, 148, 150, 154, 157

Conflicts of interest, 148, 150

Conservatorship, 78

Consistency, 148, 151–152

Contagion, 58–60

Conventional financial service institutions (ICFSs), 166–172

Core modes, 9

Corporate governance (CG) and Shari'a compliance, 102–103, 145–179

dilemma of separate or combined framework, 141–142

financial fiduciary governance (see Financial fiduciary governance)

independent ...