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

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...

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Main Authors: Abdul Ganiyy, Abdul Fattah, Ogunbado, Ahamad Faosiy, Ahmad, Nor Hayati
Format: Article
Language:English
Published: 2017
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Online Access:http://repo.uum.edu.my/21859/1/AJMS%205%201%202017%20100%20108.pdf
http://repo.uum.edu.my/21859/
http://www.ajms.co.in/sites/ajms2015/index.php/ajms/article/view/2291
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spelling my.uum.repo.218592017-04-27T03:18:25Z http://repo.uum.edu.my/21859/ Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain Abdul Ganiyy, Abdul Fattah Ogunbado, Ahamad Faosiy Ahmad, Nor Hayati HD61 Risk Management 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 2017 Article PeerReviewed application/pdf en cc_by http://repo.uum.edu.my/21859/1/AJMS%205%201%202017%20100%20108.pdf 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 http://www.ajms.co.in/sites/ajms2015/index.php/ajms/article/view/2291
institution Universiti Utara Malaysia
building UUM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Utara Malaysia
content_source UUM Institutionali Repository
url_provider http://repo.uum.edu.my/
language English
topic HD61 Risk Management
spellingShingle HD61 Risk Management
Abdul Ganiyy, Abdul Fattah
Ogunbado, Ahamad Faosiy
Ahmad, Nor Hayati
Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain
description 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
format Article
author Abdul Ganiyy, Abdul Fattah
Ogunbado, Ahamad Faosiy
Ahmad, Nor Hayati
author_facet Abdul Ganiyy, Abdul Fattah
Ogunbado, Ahamad Faosiy
Ahmad, Nor Hayati
author_sort Abdul Ganiyy, Abdul Fattah
title Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain
title_short Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain
title_full Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain
title_fullStr Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain
title_full_unstemmed Islamic perspectives on liquidity risk management practices of Islamic banks in Malaysia and Bahrain
title_sort islamic perspectives on liquidity risk management practices of islamic banks in malaysia and bahrain
publishDate 2017
url http://repo.uum.edu.my/21859/1/AJMS%205%201%202017%20100%20108.pdf
http://repo.uum.edu.my/21859/
http://www.ajms.co.in/sites/ajms2015/index.php/ajms/article/view/2291
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score 13.211869