دور استخدام الصكوك الإسلامية في إدارة سيولة المصارف الإسلامية: دراسة حالة المصارف الإسلامية في الإمارات العربية المتحدة

Abstract EN

This paper aims to examine the use of Sukuk to manage Islamic banks' liquidity through the analysis of multiple Islamic banks’ annual financial statements working in UAE during the period 2010-2019.

the paper focused on the liquidity calculating ratios and how the extent banks use Sukuk as an investment or a financial instrument.

we have relied on the deductive approach in this article, using the descriptive method by introducing the liquidity management in Islamic banks and how to use Sukuk to manage the Islamic banks' liquidity.

we also used the analysis method by analyzing the financial statements of the UAE's Islamic banks understudied during the period 2010-2019, analyzing the evolution of the liquidity ratios in these banks and the extent of the contribution of Islamic Sukuk to improve the liquidity position of these banks.

in this article, we concluded that the use of Sukuk in managing the liquidity of the understudied Islamic banks had a positive impact, especially when utilized it on the side of the assets within the securities portfolio.

this has enhanced and improved the overall liquidity ratio in Dubai Islamic bank and Abu Dhabi Islamic, unlike Emirates Islamic bank, in which the Sukuk contribution was weak in improving the liquidity ratio.

on the liabilities side, the Sukuk contributed to the operations of financing the Dubai Islamic bank in large and significant size and modest amount in Emirates Islamic bank.

as for the Abu Dhabi Islamic bank, this instrument was abandoned at the end of the study period, after using it in the beginning compared to other instruments.