Risk Management in Islamic Banking

Key Issues

Islamic Banking has made rapid progress in the last two decades. What started as a social activity in Egypt in the form of Mitghamr Savings Association in the early 1960s became a movement in the 1990s. The setting up of Dubai Islamic Bank and Islamic Development Bank during the 1970s the Islamic Research and Training Institute in 1981, and the Accounting and Auditing Organization for Islamic Financial Institutions in 1990 were landmarks in the development of Islamic Banking.