Weathering the Global Crisis Can the Traits of Islamic Banking System make a Difference

Weathering the Global Crisis  Can the Traits of Islamic Banking System make a Difference
Author: Wan Khairuzzaman Wan Ismail
Publsiher: Partridge Singapore
Total Pages: 98
Release: 2014-04
Genre: Business & Economics
ISBN: 9781482891423

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This book is for those interested to know more about Islamic banking. In addition, it provides insights to both regulators and practitioners to focus their efforts in balancing their portfolio and improving the health of their Islamic banks for the future. Past studies have shown that Islamic banks, unlike their conventional banking counterparts, were better able to weather the global financial crisis partly due to the nature of the Islamic finance which prohibits excessive risk taking. In this book, the authors review the Islamic finance in terms of governance and firms' characteristics. We elaborate the relationships between corporate governance and firm characteristics with Risk Weighted Capital Adequacy Ratio (RWCAR) of full-fledged Islamic Banks in Malaysia. The motivation for the study is to seek whether the RWCAR of Islamic banks is influenced by the Corporate Governance and Firm Characteristics variables post 2008 global financial crisis. Descriptive statistics were presented and correlation using Pearson's Model Correlation Coefficient (PMCC) was observed and analyzed. The findings reveal that Corporate Governance has no direct relationship with the RWCAR of Islamic banks in Malaysia. Instead, firm characteristics variables such as Total Financing Assets and Effective Foreign Ownership have a strong relationship with RWCAR.

Weathering the Global Crisis Can the Traits of Islamic Banking System Make a Difference

Weathering the Global Crisis  Can the Traits of Islamic Banking System Make a Difference
Author: Mohamad Azhar Nizam,Siti Zaleha Abdul Rasid,Wan Khairuzzaman Wan Ismail
Publsiher: Partridge Publishing Singapore
Total Pages: 98
Release: 2014-05-01
Genre: Business & Economics
ISBN: 9781482891447

Download Weathering the Global Crisis Can the Traits of Islamic Banking System Make a Difference Book in PDF, Epub and Kindle

This book is for those interested to know more about Islamic banking. In addition, it provides insights to both regulators and practitioners to focus their efforts in balancing their portfolio and improving the health of their Islamic banks for the future. Past studies have shown that Islamic banks, unlike their conventional banking counterparts, were better able to weather the global financial crisis partly due to the nature of the Islamic finance which prohibits excessive risk taking. In this book, the authors review the Islamic finance in terms of governance and firms characteristics. We elaborate the relationships between corporate governance and firm characteristics with Risk Weighted Capital Adequacy Ratio (RWCAR) of full-fledged Islamic Banks in Malaysia. The motivation for the study is to seek whether the RWCAR of Islamic banks is influenced by the Corporate Governance and Firm Characteristics variables post 2008 global financial crisis. Descriptive statistics were presented and correlation using Pearsons Model Correlation Coefficient (PMCC) was observed and analyzed. The findings reveal that Corporate Governance has no direct relationship with the RWCAR of Islamic banks in Malaysia. Instead, firm characteristics variables such as Total Financing Assets and Effective Foreign Ownership have a strong relationship with RWCAR.

Islamic Banking and Financial Crisis

Islamic Banking and Financial Crisis
Author: Habib Ahmed,Mehmet Asutay,Rodney Wilson
Publsiher: Unknown
Total Pages: 244
Release: 2014
Genre: Banks and banking
ISBN: 0748672397

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This title examines the resilience of Islamic banking during the global financial crisis and the subsequent recession.

Islamic Banking and Financial Crisis

Islamic Banking and Financial Crisis
Author: Habib Ahmed
Publsiher: Edinburgh University Press
Total Pages: 256
Release: 2013-12-16
Genre: Social Science
ISBN: 9780748672370

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Examines the resilience of Islamic banking during the global financial crisis and lessons for risk management. Do Islamic financial institutions perform better than their conventional counterparts during periods of financial stress? To what extent do systems for managing risk have to be adapted for Islamic financial institutions, given the unique characteristics of their assets and liabilities and the need for shari'ah compliance? These issues have come to prominence since the global financial crisis of 2007-8 and the subsequent recession, and are addressed in this book. The challenges for Islamic financial institutions are explored in an international post Basel II system where banks are required to have more capital and liquidity. Governance issues are also examined, given their influence on client and investor perceptions and their ultimate implications for institutional stability and sustainability.Offers an in-depth assessment of how Islamic banks weathered the financial crisis and what lessons can be learnt. Asks whether Islamic banks are inherently more stable than conventional banks during periods of economic stress. Examines how Islamic banks manage risk, focusing on liquidity risk and the use of forward contracts to mitigate currency risk. Appraises the work of internal shari'ah audit units and the use of shari'ah reports to reduce non-compliance risks. Features case studies from the Gulf, Malaysia, the UK, Pakistan, Turkey and GCC countries.

Economic Development and Islamic Finance

Economic Development and Islamic Finance
Author: Zamir Iqbal,Abbas Mirakhor
Publsiher: World Bank Publications
Total Pages: 376
Release: 2013-08-05
Genre: Business & Economics
ISBN: 9780821399538

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Although Islamic finance is one of the fastest growing segments of emerging global financial markets, its concepts are not fully exploited especially in the areas of economic development, inclusion, access to finance, and public policy. This volume is to improve understanding of the perspective of Islamic finance on economic development, social and economic justice, human welfare, and economic growth.

Global Trends 2040

Global Trends 2040
Author: National Intelligence Council
Publsiher: Cosimo Reports
Total Pages: 158
Release: 2021-03
Genre: Electronic Book
ISBN: 1646794974

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"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.

Critical Issues and Challenges in Islamic Economics and Finance Development

Critical Issues and Challenges in Islamic Economics and Finance Development
Author: Velid Efendić,Fikret Hadžić,Hylmun Izhar
Publsiher: Springer
Total Pages: 236
Release: 2017-05-04
Genre: Business & Economics
ISBN: 9783319450292

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This book explores contemporary issues and trends facing Islamic banks, businesses and economies as presented at the International Conference of Islamic Economics, Banking and Finance. The authors leverage current empirical research and statistics to provide unique and fresh perspectives on the changing world of Islamic finance. They focus specifically on to the implementation of Islamic financial instruments and services in global capital markets and how their success can be evaluated. Chapters feature case studies from all over the world including examples from Afghanistan, Bosnia and Herzegovina and the United Kingdom, to name a few. The breadth and immediacy of the research presented by the authors will appeal to practitioners and scholars alike. The global outlook and rich data-based approach adopted in this book guarantee that it is a timely and valuable addition to the field of Islamic finance.

Financial Sector Crisis and Restructuring

Financial Sector Crisis and Restructuring
Author: Carl-Johan Lindgren,Charles Enoch,Leslie Teo
Publsiher: Unknown
Total Pages: 103
Release: 1999
Genre: Business & Economics
ISBN: 1557758719

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An IMF paper reviewing the policy responses of Indonesia, Korea and Thailand to the 1997 Asian crisis, comparing the actions of these three countries with those of Malaysia and the Philippines. Although all judgements are still tentative, important lessons can be learned from the experiences of the last two years.