The risk management techniques or systems for Islamic banks and financial institutions are meant to mitigate, transfer, avoid, or absorb the risk in particular business undertaking.

Question

Quizplus · Accepted Answer

Islamic banks and financial institutions use risk management techniques to handle various types of risks in a Sharia-compliant manner, aiming to mitigate, transfer, avoid, or absorb risks associated with their business activities.

The Risk Management Techniques or Systems for Islamic Banks and Financial