Risk Management in Islamic Banking System: An Overview of Current Modules

Abstract

Islamic banking has gained prominence in the global financial landscape due to its adherence to Sharia principles. However, like any other financial system, it is not immune to risks. Effective risk management is crucial to ensure the stability and sustainability of Islamic banking institutions. This research paper aims to provide an overview of the current modules of risk management in Islamic banking. It explores the different types of risks faced by Islamic banks, the strategies employed to manage these risks, and the challenges and future trends in this dynamic field.