Uumpress Risk and Takaful Planning

Risk and Takaful Planning

Editor: Ahcene Lahsasna, 2016 (Hardcover)

ISBN 978-967-0149-78-3, 216 pages, 

Publisher: Islamic Banking and Finance Institute Malaysia (IBFIM)

This book covered the Risk Management from the Islamic point of view. Among the aspects discussed are concept of risk in Islam, importance of risk management in Isla,, approaches in risk sharing and risk management in Islamic finance and its principles, which includes general requirement, credit risk, equity inverstment risk, market risk, liquidity risk, rate of return risk and operational risk. These aspects are very important in the area of financial planning as they represent one of the driving components in the advice and recommendation.