risks faced by Islamicbanks under the ambit of portfolio theory showing how Islamicbanks establish a steeper risk-return path under Shariah compliance. By doing so, this study identifies a unique “Islamicrisk-return” nexus in Islamic settings as an explanation for the concern of contemporary researchers that Islamicbanks are more risky than conventional banks. … Hence, this study first explores its dynamics and moves on to incorporate other …
Abstract
Purpose
This study aims to propose a risk management framework for Islamic banks to address specific risks that are unique to Islamic bank settings.