Book Review: Hussein Kotby: Financial Engineering for Islamic Banks: The Option Approach, Reviewed by: Sami Al-Suwailem مراجعة علمية لكتاب: حسين كتبي: الهندسة المالية للبنوك الإسلامية: نهج الخيارات ، مراجعة: سامي السويلم

Sami Al-Suwailem ()
Additional contact information
Sami Al-Suwailem: Washington University, Saint Louis, Missouri. USA

No 431, Book reviews and book reports published in the Journal of King Abdulaziz University: Islamic Economics. from King Abdulaziz University, Islamic Economics Institute.

Abstract: Financial Engineering refers to the use of risk management strategies to manipulate the shape of risk profiles one firm is facing (Kotby 1990, p. 107). Kotby is pioneer in introducing this topic to Islamic bankers and Muslim economists. Since the study was completed in a non Islamic environment (Japan), the author is credited for presenting (at least some of) principles of Islamic Economics. Such attempts will hopefully bridge the gap in awareness on the part of non Muslim economists and practitioners. The author should be also credited for drawing the attention of Muslim economists and bankers to this growing and constantly changing field. We have to admit that theory and practice of Islamic Economics are, in many aspects, not catching up with contemporary Economics and Finance.

Pages: 0 pages
Date: 1996-01
References: View references in EconPapers View complete reference list from CitEc
Citations:

Published in the Journal of King Abdulaziz University: Islamic Economics, Volume: 8, Issue: 1

Downloads: (external link)
https://iei.kau.edu.sa/Files/121/Files/153895_IEI-VOL-08-07E-AlSuwailim.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:abd:jkaubr:431

DOI: 10.4197/islec.8-1.4

Access Statistics for this paper

More papers in Book reviews and book reports published in the Journal of King Abdulaziz University: Islamic Economics. from King Abdulaziz University, Islamic Economics Institute. Contact information at EDIRC.
Bibliographic data for series maintained by King Abdulaziz University, Islamic Economics Institute. ().