24.05.2011 - Islamic banks urged to be wary of risks they face
Islamic banks needed to manage the risks in the financial system ahead of any possible crisis or downturn, business advisory firm PricewaterhouseCoopers (PwC) warned at the weekend. Mohammad Faiz Azmi, global leader of PwCs Islamic finance team, said: "Risk management is an issue which cannot be ignored by any financial institution, but Islamic banks in particular need to establish risk management credibility as they aspire to move into the mainstream of the financial system.".............................................Full Article: Source
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