Notice of RetractionRisk Management Practices by Islamic Banks, a Pakistani Perspective

Notice of Retraction

After careful and considered review of the content of this paper by a duly constituted expert committee, this paper has been found to be in violation of IEEE´s Publication Principles.

We hereby retract the content of this paper. Reasonable effort should be made to remove all past references to this paper.

The presenting author of this paper has the option to appeal this decision by contacting TPII@ieee.org.

Purpose - This paper aims to assess the level of using Risk Management practices by Islamic Banks in Pakistan to handle different kinds of risks. Research limitations/implications - Methodology-A questionnaire covering six aspects, was developed, in the first part: understanding risk and risk management, risk assessment and analysis (RAA), risk identification (RI), risk monitoring, credit risk analysis and RMPs. The second part consists of two questions dealing with two topics: methods of RI and risk facing the sample banks Originality/value - The paper tries to discuss Risk Management Practices followed by Pakistani Islamic Banks. The findings of this research would be useful for the Risk Management professionals of Islamic banks in Pakistan.