RISK MANAGEMENT AND CORPORATE GOVERNANCE IN THE LEBANESE ISLAMIC BANKING INDUSTRY

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Chahine, Salim, Dagher, Bassem

DOI:10.22495/cocv5i4c3p2

Abstract

Despite recent growth in the Islamic banking industry, little is known on the best practices in its risk management. This paper examines the risk management systems of Islamic banks in Lebanon. Using a survey technique, it shows the diversity of risks faced by Islamic banks. It also confirms the importance of good corporate governance as a tool which is associated with the implementation of best practices in risk management.

Keywords: Islamic Banking Industry, Risk Management, Corporate Governance

How to cite this paper: Chahine, Salim, Dagher, Bassem (2008). Risk management and corporate governance in the Lebanese Islamic banking industry. Corporate Ownership & Control, 5(4-3), 345-355. http://doi.org/10.22495/cocv5i4c3p2