MAIN ELEMENTS USED IN FINANCIAL RISK ANALYSIS • The four main elements that should be that should be well defined and considered in financial risk analysis for both conventional and Islamic financial products are: 1. The construction of the financial contracts 2. The identification of the markets 3. The identification of the counterparties 4. The behavior and interaction of the above two within a time period (pastcurrent-future), mapped into the financial contracts www.esaac.com.pk
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