IslamicFinance.de

Islamic Financial Services Board (IFSB) launched an Exposure Draft presenting their proposed principles on liquidity risk management.
This draft is credit-positive for IFIs as it transposes a set of globally recognised best practices for liquidity management into the Shari’ah-compliant banking context.
Liquidity for IFIs remains chained by the absence of a deep and globally integrated Shari"ah-compliant money market, particularly in liquid, short-dated and high-quality issuance.