Islamic Banking and Financial Crisis: Reputation, Stability and Risks
ISBN: 9780748695133
Platform/Publisher: Oxford Academic / Edinburgh University Press
Digital rights: Users: Unlimited; Printing: Unlimited; Download: Unlimited
Subjects: Islam Religion and Politics;

Do Islamic financial institutions perform better than their Western counterparts during periods of financial stress? How do Islamic financial institutions manage risk, given their unique characteristics and the need for shari'ah compliance? Islamic Banking and Financial Crisis looks at the challenges for Islamic financial institutions in an international post-Basel II system where banks are required to have more capital and liquidity. It also examines the influence of governance on client and investor perceptions and their implications for institutional stability and sustainability. It concludes by suggesting how the Islamic financial industry can better fulfil both the legal and social requirements of shari'ah.



Habib Ahmed is the Sharjah Chair in Islamic Law and Finance at Durham University. Prior to joining Durham University in August 2008, he worked at the National Commercial Bank and Islamic Development Bank (IRTI) in Saudi Arabia and taught at the University of Connecticut, National University of Singapore, and University of Bahrain.

Mehmet Asutay is Reader in 'Middle Eastern and Islamic Political Economy and Finance' at the School of Government and International Affairs, Durham University, and he is also the Director of the Durham Doctoral Training Session for Islamic Economics and Finance. He mainly teaches and researches Islamic Political Economy and Islamic Finance subjects. Asutay supervises masters and doctoral research on various aspects of Islamic moral economy and finance, political economy of the Middle East and economic development related subjects.

Rodney Wilson was the founder of the Islamic Finance Programme at Durham University. Recently he has served as a Visiting Professor at the Qatar Faculty of Islamic Studies and the International Centre for Education in Islamic Finance in Kuala Lumpur.
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