An Alternative Approach to Liquidity Risk Management of Islamic Banks

1. Auflage 2025
ISBN: 978-3-11-057999-4
Verlag: De Gruyter

Buch, Englisch, Band 7, 218 Seiten, Format (B × H): 175 mm x 246 mm, Gewicht: 618 g

Reihe: De Gruyter Studies in Islamic Economics, Finance and Business

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.

Zielgruppe

Islamic finance and banking researchers

Autoren/Hrsg.

Dolgun, Muhammed Habib

Mirakhor, Abbas

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Bankwirtschaft
• Wirtschaftswissenschaften Betriebswirtschaft Management Risikomanagement
• Geisteswissenschaften Islam & Islamische Studien Islam: Leben & Praxis
• Geisteswissenschaften Philosophie Nicht-Westliche Philosophie Islamische & Arabische Philosophie
• Geisteswissenschaften Islam & Islamische Studien Islam: Philosophie & Wissenschaften

Über Autor(innen)

Muhammed Habib Dolgun works at the Central Bank Turkey in Ankara. Abbas Mirakhor joined INCEIF in 2010 as Distinguished Scholar and the First Holder of INCEIF's Chair in Islamic Finance. His research interests include conventional and Islamic economics and finance. He is a graduate of the Kansas State University, USA, where he received his Bachelor, Master and PhD Degrees in Economics. In 1968, he started his academic career with University of Alabama, USA. Mirakhor has worked as a professor of economics at the University of Alabama, Alabama A&M University, and the Florida Institute of Technology. In 1984, he joined the IMF in Washington DC as an economist. He spent 24 years with the IMF, serving as the organisation's Executive Director and Dean of the Executive Board, retiring in 2008.