Risk Management for Islamic Banks

Dr. Rania Salem is a Lecturer in Finance at the German University in Cairo, Egypt, where she has received her Ph.D. in finance – magna cum laude – thesis entitled "A Risk Management Framework for Islamic Banks", in 2011. She has obtained her Bachelors Degree from the faculty of Commerce, Ein Shams University, Egypt in 2002, and holds MBA concentration Financial Management from the Arab Academy for Banking and Financial Sciences since 2005. Prior to joining the academic field, Dr. Salem worked as an Analyst Assistant in the Research Department in the CIBC (Commercial International Brokerage Company). Her research in bank management and Islamic finance has resulted in a number of papers and participations in international conferences and research projects.

• List of figures; List of tables; 1 Introduction; 2 Integrated risk management framework, 2.1 Risk management framework, 2.2 Risk management challenges in Islamic banks, 2.3 Integrated risk management in Islamic banks; 3 Risk Identification, 3.1 Overall bank risks, 3.2 Specific risks to Islamic banks 3.3 Risks in Islamic financial contracts; 4 Risk assessment, 4.1 Widely practised models, 4.2 Current practices in Islamic banks, 4.3 Developing risk assessment in Islamic banks; 5 Risk mitigation, 5.1 Mitigating overall risks, 5.2 Mitigating risks in contracts, 5.3 Other risk mitigation methods; 6 An Application of risk management to Islamic banks, 6.1 The Islamic bank model, 6.2 Risk analysis, 6.3 Scenario analysis, 6.4 Risk mitigation; 7 Prospects for risk regulation in Islamic banks, 7.1 Risk management regulation, 7.2 Risk management regulation status quo; 8 Conclusion; Glossary of Arabic terms; List of abbreviations; References; Index