How risky are Islamic banks?

pwc.blogs:Towards the end of last year, our PwC global Islamic finance team wrote “Growing gains: managing Islamic banking risks*” which is available free from our website by following the link. This document was based on our team’s experience of working with Islamic banks in Malaysia, the Gulf Cooperation Council countries and the UK.After our document had been published, I came across “Islamic Banks and Financial Stability: An Empirical Analysis” which is a working paper available on the International Monetary Fund (IMF) website. Two things struck me about the working paper...Read More