Islamic Finance: The New Regulatory Challenge, 2nd Edition

Contents

About the Editors

About the Contributors

Foreword

Preface

Acknowledgments

Part One: The Nature of Risks in Islamic Banking

Chapter 1: Supervision of Islamic Banks: The Regulatory Challenge—Basel II and Basel III

1. Introduction

2. The Structure of Basel II and Basel III: Supervisory Implications

3. The Islamic Financial Services Board

4. Contents of This Book

Notes

References

Chapter 2: Banking and the Risk Environment

1. The Global Risk Environment

2. The Regulatory Environment

3. The Implementation Environment (Setting Up a Risk Management Framework in a Bank)

4. The Future Risk Environment

5. Islamic Banks and the Risk and Regulation Environment

Chapter 3: Risk Characteristics of Islamic Products: Implications for Risk Measurement and Supervision

1. Introduction

2. Background

3. Types of Risks in Islamic Finance and Their Measurement

4. Overall Risk of an Islamic Bank and Approaches to Risk Mitigation

5. Summary and Policy Conclusions

Notes

References

Chapter 4: Risk in a Turbulent World: Insights from Islamic Finance

1. Introduction

2. Functions of Risk

3. Dealing with Risk

4. The Fundamental Law of Risk

5. Islamic Finance

6. Functions of Risk in Islamic Finance

7. Risk Exchange in Islamic Finance

8. Regulatory Implications

9. Conclusion

Notes

References

Chapter 5: Capital Structure and Risk in Islamic Financial Services

1. Introduction

2. Risk and Capital Structure in Islamic Banks

3. Risk and Capital Structure in Takaful (Islamic Insurance) Undertakings

4. Concluding ...