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Applying Core Principles of Risk Management in Islamic Banks’ Operational Risk Analysis
Company: Afro Eurasian Studies
Company Url: Click here to open
Year Of Publication: 2013
Month Of Publication: September
Pages: 15-40
Download Count: 4
View Count: 1340
Comment Num: 0
Language: English
Source: article
Who Can Read: Free
Date: 9-15-2013
Publisher: Administrator
Summary
Operational risk management should be viewed as a structured process in which
operational risk hazards, events, and losses are integrated in such a manner that will help management of an Islamic bank develop a classification based on a root cause analysis. Thus, by linking causation to relevant business activities, the structure could then be used as a foundation for an effective operational risk management. This is the first main issue which is theoretically addressed by this paper. The subsequent main issue elucidated in the paper is the various dimensions of operational risk in major Islamic financial contracts and the mitigation methods in operational risk.
(volume 2, numbers 1-2)
Author(s)
Izhar, Hylmun Sign in to follow this author
Hassan, Zakaria Salah Ali Sign in to follow this author
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