1.

Record Nr.

UNINA9910451565103321

Autore

Greuning Hennie van

Titolo

Risk analysis for Islamic banks [[electronic resource] /] / Hennie van Greuning and Zamil Iqbal

Pubbl/distr/stampa

Washington, D.C., : World Bank, c2008

ISBN

0-8213-7142-8

Descrizione fisica

1 online resource (336 p.)

Altri autori (Persone)

IqbalZamir

Disciplina

332.10917/67

Soggetti

Banks and banking - Islamic countries

Financial institutions - Islamic countries

Risk management

Bank management - Islamic countries

Finance - Islamic countries

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references (p. 276-280) and index.

Nota di contenuto

CONTENTS; Foreword-Kenneth G. Lay; Foreword-Dr. Shamshad Akhtar; Acknowledgments; About the Authors; Acronyms and Abbreviations; Part One: Principles and Key Stakeholders; Box 1.1 Principles of an Islamic Financial System; Table 1.1 Development of Islamic Economics and Finance in Modern History; Table 2.1 Theoretical Balance Sheet of an Islamic Bank Based on Maturity Profile and Functionality; Table 2.2 Sources and Application of Funds; Figure 2.1 Contracts and Instruments; Table 2.3 Size of Islamic Financial Institutions in 1999; Figure 3.1 Partnership in Corporate Governance of Banks

Box 3.1 Accountability of Bank Management Box 3.2 Fit and Proper Standards for Bank Management; Box 3.3 The Responsibilities of Management; Box 3.4 The Responsibilities of Audit Committees and Internal Auditors; Box 3.5 The Responsibilities of External Auditors; Table 4.1 Importance of Key Stakeholders in the Islamic Finance Industry; Part Two: Risk Management; Table 5.1 Banking Risk Exposures; Table 5.2 Contractual Role and Risk in Islamic Banking; Table 5.3 Stages of the Analytical Review Process; Figure 5.1 Composition of an Islamic Bank's Assets, by Periods



Figure 5.2 Trends in Asset Growth, by PeriodTable 5.4 Balance-Sheet Composition of Assets; Table 5.5 Balance-Sheet Growth, Year on Year; Figure 6.1 Composition of an Islamic Bank's Balance Sheet; Table 6.1 Composition of an Islamic Bank's Balance Sheet; Figure 6.2 Structure of an Islamic Bank's Assets; Figure 6.3 Structural Change and Asset Growth, 2001-06; Figure 6.4 Growth of Assets, Year on Year; Table 6.2 Islamic Financing and Investing Assets Grass; Table 6.3 Percentage Composition of the Balance Sheet, 2001-06; Figure 6.5 Hypothetical Growth of Assets

Table 7.1 Composition of the Income Statement, 2005-06Table 7.2 Percentage Composition of Islamic Products' Revenues over Time; Figure 7.1 Asset Structure versus Income Structure; Figure 7.2 Relationship of Income to Expenses, 2001-06; Table 7.3 Profitability Ratios, 2001-06; Figure 7.3 Select Profitability Ratios 2001-06; Figure 7.4 Additional Profitability Ratios, 2001-06; Figure 7.5 Example: Return on Assets (ROA) and on Equity (ROE), Adjusted for the Cost of Capital; Box 8.1 IFSB Principles of Credit Risk; Figure 8.1 Exposure to 20 Largest Exposures (Hypothetical Example)

Table 8.1 Related-Party Lending Figure 8.2 Customer Profile:Who Are We Investing In?; Figure 8.3 Composition of Islamic Products:What Are We Investing In? (2006 Compared to 2001); Table 8.2 Customer Profile:Who Are We Investing In?; Table 8.3 Composition of Products:What Are We Investing In?; Table 8.4 Maturity Profile of Total Assets: For How Long Are We Investing?; Box 8.2 Content of an Investment and Financing Asset Review File; Box 8.3 Signs of a Distorted Credit Culture; Box 8.4 Asset Classification Rules; Table 8.5 Recommended Provisions

Table 8.6 Year-on-Year Fluctuations in Growth of Portfolio Components

Sommario/riassunto

Islamic finance is emerging as a rapidly growing part of the financial sector in the Islamic world and is not restricted to Islamic countries, but is spreading wherever there is a sizable Muslim community. According to some estimates, more than 250 financial institutions in over 45 countries practice some form of Islamic finance, and the industry has been growing at a rate of more than 15 percent annually for the past several years. The market's current annual turnover is estimated to be 70 billion, compared with a mere 5 billion in 1985, and is projected to hit the 100 billion mark by the