Tuesday, June 29, 2010

Risk Managing An Islamic Bank Beyond Fear of Monetary Loss



Assalamu 'Alaikum
A Risk Management Assignment UIAM Postgraduate Studies in Islamic Banking  and Finance by Muhammad Zahid Abdul Aziz
Task
Identify and discuss the concept of risk management described by the following verses of Al-Quran and Hadiths. Based on the concept you have discussed, give the most appropriate definition of risk and risk management of IFIs:
Surah Ta Ha : Verses 115 to 119
Al-Shu’ara : Verses 60 to 63
Surah Maryam : Verses 22 to 25
Hadiths as described below.
 Using the concept and definition of risk and risk management you have developed; draw up a comprehensive Enterprise-wide Risk Management Framework for a typical Islamic Commercial bank operating in a country you are most familiar with its external and internal environment.

Thursday, June 3, 2010

An act of God's children

Dear World,
They claim they are God's children ; the rest of mankind aren't. Perhaps thats why they feel they are entitled to massacre unarmed civilians as they have done so many times before.

For how long will ordinary American citizens who probably feel the pain we feel, allow their leaders to be subservient to this despicable regime?!