I just need an introduction to OPERATIONAL RISK  in islamic banks between Pakistan & Bangladesh. the introduction needs to be thorough and cover the areas of operational risk in islamic banking.

Since operational risk has a huge classification due to the nature of this risk, it’s easy to get lost. I would recommend sticking to a brief list like the Basel 2 or Basel 3 guidelines perhaps. Basel 2 has defined seven categories, so you can match the risks present in the Islamic Financial industry to these categories and shortlist them.

Internal Fraud misappropriation of assets, tax evasion, intentional mismarking of positions, bribery

External Fraud theft of information, hacking damage, third-party theft and forgery

Employment Practices and Workplace Safety discrimination, workers compensation, employee health and safety

Clients, Products, and Business Practice market manipulation, antitrust, improper trade, product defects, fiduciary breaches, account churning

Damage to Physical Assets natural disasters, terrorism, vandalism
Business Disruption and Systems Failures utility disruptions, software failures, hardware failures

Execution, Delivery, and Process Management data entry errors, accounting errors, failed mandatory reporting, negligent loss of client assets

^ you don’t need to cover all and just a brief summarisation with each points will do.

I will provide relevant reading links to PDF, journals on chat. Please do ensure to Harvard referenceeverything properly along with the Bibliography. thanks