Risk Management and Islamic Value: A Conceptual Development of Al-Adl Financing Risk Management
Cokrohadisumarto W.M., Tuzaka E., Jumaizi
Abstract
This study is based on the weakness of the previous studies in the Financial Risk management concept which was then reconstructed into a Financial Risk Management concept based on values derived from the Holy Qur'an and Hadith. A new concept called Al-Adl Financing Risk Management (AFRM) will be developed along with its new dimensions and measurement scale. This concept is expected to provide a new financial risk management model which is a synthesis of portfolio theory, towards the concept of risk management and the Islamic worldview in the concept of fair management. This new concept is motivated by the phenomenon of the low distribution of financing funds in mudarabah in Sharia Bank (Islamic Rural Banks or Bank Pembiayaan Rakyat Syariah (BPRS)). This is due to various obstacles such as legal requirements and moral hazard issues, high risk, lack of awareness, and low return. This condition becomes a challenge for BPRS in channeling its financing with low risk so that the objectives of increasing Repayment of Financing and Mudharabah Financing Performance can be achieved. Therefore, it is necessary to carry out adequate management, so that BPRS are required to have a good understanding of Financing Risk Management. This study is expected to produce a new conception and its dimensions, and it is necessary to test the validity of each dimension empirically.
No Title
Augusty F.
No Title
Anderson R.L., Hair J.R.F., Joseph R.E., Tatham Dan Black W.C., Anderson R.E., Babin B.J., Black W.C., Hair J.F., Anderson R.E., Babin B.J., Black C.W., Hair J.F., Anderson R.E., Babin B.J., Black W.C., Hair J.F., Anderson R.E., Black W.C., Hair J.F., Tatham R.L., Hair J.F., Anderson R.E., Black W.C., Hair J.F., Tatham R.L., Anderson R.E., Babin B.J., Black W.C., Hair J.F., Tatham R.L., Anderson R.E., Black W.C., Hair F.J., Tatham R.L., Anderson R.E., Babin B.J., Black W.C., Hair J.F., Anderson R.E., Babin B.J., Black W.C., Hair J.F., Hair J. F., Hair J. F., Anderson R.E., Babin B.J., Black W.C., Hair J.F., Hair J.F.W., Anderson R.E., Black W.C., Hair J.F., Tatham R.L., Anderson R.E., Babin B.J., Black W.C., Hair J.F., Anderson R.E., Babin B.J., Black W.C., Hair J.F., Anderson R. E., Babin B. J., Black W. C., Hair J. F., Anderson R.E., Black B.J., Hair J.F., Hair J.F., Hair J., Hair J.F., Anderson R. E., Babin B. J., Black W. C., Hair J. F., Anderson R.E., Black B.J., Hair J.F., Anderson R., Babin B., Black W., Hair J., Anderson R., Babin B., Black W., Hair J., Tatham R., Hair J. F., Anderson R.E., Black W.C., Hair J.F., Tatham R.L., Anderson R.E., Anderson R.E., Babin B.J., Black W.C., Black W.C., Hair J., Anderson R. E., Black W. C., Hair J. F. J., Tatham R. L., Hair J.
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