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Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain


Abdul Ganiyy, Abdul Fattah and Ogunbado, Ahamad Faosiy and Ahmad, Nor Hayati (2017) Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain. Asian Journal of Multidisciplinary Studies, 5 (1). pp. 100-108. ISSN 2348-7186

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Abstract

The objective of this paper is to highlight the Shariah guidelines on management of liquidity risk based on Qur’an and Hadith.It also seeks to discuss the sources and challenges of liquidity risk in Islamic banks.Various attempts being made at mitigating the effect of liquidity risk on Islamic banks in Malaysia and Bahrain are also reviewed.The paper adopts library research by extracting information from relevant texts, journals and other publications.The authors recommend extension of Liquidity Management Framework in Malaysia and Liquidity Management Centre in Bahrain to other countries to ease the problem of liquidity management.It also advocates for independent or autonomous central authorities that will provide Shariah-compliant Lender of Last Resort (SLOLR) across each of the countries operating dual banking systems to provide adequate support for Islamic banks

Item Type: Article
Uncontrolled Keywords: Liquidity, Liquidity Risk, Liquidity Risk Management, Liquidity Management Framework, Liquidity Management Centre, Islamic Banks, SLOLR.
Subjects: H Social Sciences > HD Industries. Land use. Labor > HD61 Risk Management
Divisions: Islamic Business School
Depositing User: Prof. Dr. Nor Hayati Ahmad
Date Deposited: 27 Apr 2017 03:18
Last Modified: 27 Apr 2017 03:18
URI: http://repo.uum.edu.my/id/eprint/21859

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