05.07.2012 - Effective Shariah risk management would benefit from training
Islamic financial institutions (IFIs) are under a significant degree of pressure to increase their risk management capabilities, as a recent study of IFIs in the GCC and South East Asia from Deloitte's Islamic Finance Knowledge Center found. Deloitte found that the primary driver of risk management activities (which should include Shariah risk management) within IFIs was regulatory compliance, not public image or compliance with international standards setting organizations like AAOIFI, IIFM or IFSB...............................................Full Article: Source
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