Risk management practices in Islamic banks of Pakistan

Khalid, Sania; Amjad, Shehla

doi:10.1108/15265941211203198

Cited by 60 publications

(54 citation statements)

References 17 publications

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“…According to Khalid and Amjad (2012), a bank uses internal audit scores, risk and self assessment, risk indicators, loss event database, contingency planning and risk mapping as the main RM practices. They have further emphasized that CBs use internal audit scores, risk and self assessment, risk indicators, loss event database, contingency planning, whilst IBs use internal audit scores, risk and self assessment, risk indicators, loss event database, contingency planning and risk mapping.…”

Section: Analysis and Discussion Of Findingsmentioning

confidence: 99%

“…In an attempt to verify their findings, the current researcher has used the "content analysis". By adopting the content analysis, this study has categorized the RM practices of two banks based on the classification of Khalid and Amjad (2012). From the classification, the researcher has found out that CB1 and IB1 tend to use internal audit scores, risk and self assessment, risk indicators, loss event database and contingency planning in managing risks.…”

Section: Analysis and Discussion Of Findingsmentioning

confidence: 99%

See 1 more Smart Citation

Element of Corporate Governance in Islamic Banks vs Conventional Banks: A Case Study

Wijethunga¹,

Ekanayake²

2015

JIBF

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Corporate governance (CG) have gained a prominent place in the sustainability of any institution, be it a corporate or a bank. Individuals lack detailed knowledge on the applicability of CG and its aspects in Islamic Banks (IBs) in contrast to Conventional Banks (CBs). Thus, the objective of this study is to explore 'how' and 'why' IBs differ from CBs in terms of structure of CG and its elements mainly board responsibilities, legal and regulatory compliance, internal control environment and auditing from a fundamental perspective. The study adopts interpretative methodology and multiple case study strategy in selecting one bank to represent each banking systems. Further, primary and secondary data were collected through interviews, observations, reports and websites. Major findings of the study concluded that IBs and CBs enclose differences as well as similarities pertaining to their CG and selected aspects. Major differences are driven connecting to the framework of IBs as they need to follow interest free paradigm, Profit and Loss Sharing paradigm and Shariah principles in performing the banking functions. Hence, these major principles have influenced for emergence of different CG structure in IBs.

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Section: Analysis and Discussion Of Findingsmentioning

confidence: 99%

Section: Analysis and Discussion Of Findingsmentioning

confidence: 99%

Element of Corporate Governance in Islamic Banks vs Conventional Banks: A Case Study

Wijethunga¹,

Ekanayake²

2015

JIBF

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“…Islamic banks, on a global scale, have been well perceived by stakeholders and their reputation continues to improve (Choudhury and Hussain, 2005). Global markets can expect more Islamic banks to appear in the future, with over 500 Islamic financial institutions around the world and with assets exceeding $1 trillion dollars; the industry is striving strong (Akram et al, 2001;Khalid and Amjad, 2012).…”

Section: Applying the Stakeholder Theory To Islamic Banksmentioning

confidence: 99%

Islamic Banking Reinterpretation of the Stakeholder Theory

Al-Shamali¹,

Sharif²,

Irani³

2013

AJBMR

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The Stakeholder theory has become one of the most important developments in the field of business ethics, which is widely regarded as being a key element in Islamic banking, making it of extreme relevance. While the stakeholder concept has evolved and gained prominence as a method of integrating ethics into the basic purposes and strategic objectives of the bank, authors argue that stakeholder theory has retained certain Western assumptions from the wider business literature that limit its usefulness. The use of Islamic banking provides a means of reinterpreting the stakeholder concept in a way that overcomes many of the existing limitations. This reading provides a different understanding of the identity and meaning of Islamic banking, specifically in terms of its relationship to stakeholder groups, such as Islamic banks are a connected body, they should have control over the external environment, and should implement hierarchies.

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“…A divulgação das informações tem um papel fundamental na redução da assimetria informacional e auxilia na avaliação das melhores oportunidades para os investidores alocarem seus recursos (LANZANA, 2004). Contudo, inerente a esse processo tem-se os riscos que são eventos futuros incertos, que podem manipular o sucesso de metas e objetivos, incluindo os objetivos estratégicos, transacionais e econômi cos (KHALID; AMJAD, 2012).…”

Section: Introductionunclassified

Evidenciação Dos Fatores De Riscos Nas Empresas Brasileiras E Americanas Do Setor De Papel E Celulose

Vogt

Brighenti

Guse

et al. 2018

RC-UFBA

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RESUMOO objetivo deste estudo consiste em verificar os fatores de risco evidenciados nas empresas brasileiras e americanas do setor de papel e celulose. Para tanto, realizou-se uma pesquisa descritiva, qualitativa e documental. A população do estudo refere-se a todas as empresas brasileiras e americanas de capital aberto do setor de papel e celulose e, a amostra foi composta por seis empresas brasileiras e sete empresas americanas. O período de análise compreende o ano de 2013. A partir dos resultados foi possível verificar que as empresas brasileiras e americanas apresentam resultados próximos, no que tange os fatores de risco. Contudo, empresas brasileiras demonstram mais preocupação em relação a estes fatores, evidenciando essas informações em seus relatórios, até porquê, apenas não evidenciaram informações sobre segurança dos sistemas de informação. Já empresas americanas, não apresentaram as informações sobre o risco relacionado ao controlador direto e indireto, ou grupo de controle, aos acionistas e, às controladas e coligadas. Palavras-chave: Fatores de riscos. Evidenciação. Papel e Celulose. Brasil. EUA. ABSTRACTThe aim of this study is to verify the risk factors disclosed in the Brazilian and American's pulp and paper industry companies. Therefore, we carried out a descriptive, qualitative and documentary. The study population refers to all Brazilian and American public companies in the paper and pulp sector, and the sample was composed of six Brazilian companies and seven American companies. The analysis period covers the year 2013. From the results it was possible to verify that the Brazilian and American companies present close results, regarding the risk factors. However, Brazilian companies show more concern about these factors, evidencing this information in their reports, why even they did not show information on information systems security. US companies did not present information on the risk related to the direct and indirect controlling shareholder, or control group, to shareholders, and to subsidiaries and affiliates.

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Risk management practices in Islamic banks of Pakistan

Cited by 60 publications

References 17 publications

Element of Corporate Governance in Islamic Banks vs Conventional Banks: A Case Study

Element of Corporate Governance in Islamic Banks vs Conventional Banks: A Case Study

Islamic Banking Reinterpretation of the Stakeholder Theory

Evidenciação Dos Fatores De Riscos Nas Empresas Brasileiras E Americanas Do Setor De Papel E Celulose

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