FRSGlobal

Business Islamica, December 2009 - Keeping Pace: Islamic Banks and Stress Testing

Dr. Sunil Kumar K, Head of Risk Management Middle East, FRSGlobal, Co-Regional Director, GARP Dubai, writes "A wake-up call has been raised by the current crisis, mainly in countries offering both conventional and Islamic forms of banking. These countries have had to tackle two issues. First, managing the crisis, which has largely affected conventional banks, and second, attempting to gauge the impact of the crisis on the Islamic sector."

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