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Risk Management in Emerging Markets

My weblog will focus on risk management and modeling in emerging markets

 

December 08, 2009

Strengthening Islamic Banking : Takeaways from WIBC,2009

Strengthening Islamic Banking : Takeaways from World islamic Banking Conference, Bahrain
A few suggestions at the WIBC 2009 to strengthen Islamic Banking

Banks should
1. Understand risks better
2. Avoid mimicking
3. Look for technical expertise- address lack of key Human resource skillset
4. Financial Stability should be considered in Monetary policy
5. Accounting Standards must improve
6. interbank market needs to be strengthened
7. Central Counterparty, better clearing system
8. Understanding implicit and explicit government protection
9.Liquidity Management
10. Need to focus on SMEs/ Social Development, reconsider investment banking model
11. Flexibility in Sharia Interpretation
12.More Sharia scholars


Here is the link to access the presentations at the World Islamic Banking Conference, 2009 ( Dec 6-8) , Bahrain


http://www.megaevents.net/islamic_banking


Posted by sunandoroy at 03:16 PM