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New book about “Financial Risk Management for Islamic Banking and Finance” successfully launched by IRIS integrated risk management ag

09/01/2008

Zurich, January 9, 2008 – IRIS integrated risk management ag (www.irisunified.com) consulting collaborators Drs. Ioannis Akkizidis and Sunil Kumar Khandelwal co-author “Financial Risk Management for Islamic Banking and Finance”.

The book, published by the British academic specialist Palgrave Macmillan, covers all risk management

issues for all Islamic financial products and services, including Mushãrakah, Mudãrabah, Murãbaha, Salam, Ijãrah and Istisnã, considering all of their unique characteristics according to the Shariah principles. In addition, the authors discuss the Islamic Financial Services Board’s principles of risk management and Basel II.

Because of its comprehensive approach “Financial Risk Management for Islamic Banking and Finance” not only constitutes an excellent introduction to the complexity of Islamic finance products but also proves to be essential for the expert looking for an in-depth analysis on how to identify and manage risks in Islamic Finance.

“Financial Risk Management for Islamic Banking and Finance” was out of stock within the first week of publication.

The book can be purchased online at Palgrave Macmillan (http://www.palgrave.com/products/title.aspx?PID=280638).

About the authors

Dr. Ioannis Akkizidis is a Risk Management Consultant and Analyst at financial analysis solutions specialist in IRIS integrated risk management ag. He is also the author of the bestseller book “Integrating Market, Credit and Operational Risk: A Complete Guide for Bankers & Risk Professionals” (Riskbooks, 2006) and of the “Guide to Optimal Operational Risk and Basel II” (Auerbach Publications, 2005).

Dr. Sunil Kumar Khandelwal, Head of Risk Management Middle East, IRIS integrated risk management ag is specialized in Basel II, Operational Risk and Islamic Finance. He is a regular contributor of relevant expert publications in the fields of risk management and Islamic banking.

The authors can be contacted electronically under ioannis.akkizidis@irisunified.com and sunil.kumar@irisunified.com respectively.

About IRIS

IRIS integrated risk management ag (www.irisunified.com), formed in 1992 in Zurich, has its headquarters in Switzerland. It continuously develops, maintains and supports its riskpro™ financial analysis infrastructure out of Switzerland since 1997. Delivery, implementation and consulting are executed worldwide directly by IRIS AG and indirectly in cooperation with a number of local partners.

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