Additional information
| ISBN | 979-8-89966-084-9 |
|---|---|
| Author | Sevgi Osman |
| Publisher | |
| Publication year | |
| Language | |
| Number of pages | 301 |
Reporting Importance for Financial Stability
Crises are inevitable periods in the history of all economies. They become even more terrible when they affect most countries, i.e. they become global crises. That is why it is necessary for all economic entities to be conscious, maintaining financial stability regardless of whether a expansion, peak, contraction, and recovery is expected in a given […]
ISBN: 979-8-89966-084-9
€74.99
Description
Crises are inevitable periods in the history of all economies. They become even more terrible when they affect most countries, i.e. they become global crises. That is why it is necessary for all economic entities to be conscious, maintaining financial stability regardless of whether a expansion, peak, contraction, and recovery is expected in a given economy. The financial stability of economic entities depends, however, to a large extent on the stability of the main financial intermediaries – banks.
A number of authors study the behavior and results of financial institutions after crisis periods and come to the conclusion that the newly entering Islamic banks with their different concept show unexpected results, especially after the Global Crisis in 2008. Is this a true finding for all crises and for all countries or can it be argued that they are more stable only under certain conditions – we can give the answer to these questions only after delving deeper into the world of Islamic finance, its distinguishing principles, its understanding and reporting for stability and sustainability, including its environmental aspect.
