The role of Islamic financial engineering in risk management for Islamic financing forms A case study of Al Baraka Bank Algeria

Abstract

This study aims to recognize the contribution of Islamic financial engineering in risk management for Islamic financing forms of Al Baraka Bank Algeria. Therefore, the various concepts related to risk management and Islamic financial engineering are surveyed. The descriptive analytical method was followed since it is appropriate to display the concepts that are associated with risk management and Islamic financial engineering, a case study method has been adopted because we are going to get on the mechanism of risk management for Islamic Financing Forms of Al Baraka Bank Algeria. The main results of this study are: the Islamic financial engineering contributes to risk management for Islamic Financing Forms of Al Baraka Bank Algeria. But this contribution is only limited to the sales formats such as Murabaha and Ijara.