As part of Societe Generale's series of Meet the Experts presentations, Philippe Dufay and Mohamed Virani discuss Islamic finance.
A fundamental tenet of Islamic finance is that money cannot produce money, it is merely considered as a medium of exchange and, hence, interest is prohibited. On the other hand, investing in the real tangible economy is considered an essential element of structuring Islamic financial transactions. Within the evolution of the industry, the most noteworthy phenomenon recently has been the emergence of Islamic institutional investors who, by their charter, are required to invest in a sharia-compliant manner. Our Islamic products address the requirements within sharia for risk management, and our early recognition of this market has placed us among the leading global providers of Islamic products.
Register to watch the presentation Islamic capabilities at the crossroads of Islamic finance and structured solutions, available for on-demand viewing
More on Risk Management
In this issue we present two research papers and one technical report. The first paper is "Systematic risk and yield premiums in the bond market" by Liang Fu, Austin Murphy and Terry Benzschawel. Their...
This issue of The Journal of Energy Markets offers some detailed insights into potential market inefficiencies in power and gas trading. Clearly, it is inefficiencies that offer trading opportunities and...
The first paper in this issue of The Journal of Risk Model Validation is by Lawrence R. Forest Jr., Gaurav Chawla and Scott D. Aguais and is titled "Biased benchmarks". The authors are concerned about...
Identification of specific sources of risk in a portfolio, the factor-based estimation of risk measures, together with the impact of model risk on capital reserves and regulator-driven interest risk management...
Sign up for Risk.net email alerts
Directional portfolios and limited diversification will hamper recovery process
Exchange plans to attract foreign money into India through enhanced technology
Systemically important status seen as business threat by asset managers
Recent Iosco consultation paper aims to better co-ordinate global regulation
There are no comments submitted yet. Do you have an interesting opinion? Then be the first to post a comment.