أثر التورق في سيولة المصارف الإسلامية السورية : دراسة قياسية تحليلية

Abstract EN

was used in the Syrian Arab Republic during the crisis period as a legitimate alternative to traditional interest-based scheduling and structuring processes, Whereas banking Tawarruq has many undesirable effects on the economy and financial performance of banks by building a pyramid in which debts swell (the base of the pyramid) based on a small amount of commodities (the top of the pyramid) and then collapse and the emergence of a crisis, this study came to show the impact of debt reversal operations on the liquidity of Islamic banks during the period from 31/3/2013 to 31/12/2018 on a quarterly basis, using modern standard measuring methods, including unit root tests, the least regression squares model, and residual tests, the results of the study showed that 42% of the changes in the liquidity ratio are caused by the change in both the previous values of the liquidity ratio and the ratio of debt reversal operations from the credit portfolio.

It is also evident that there is a positive significant moral effect of the tawarruq ratio on the liquidity ratio, which indicates the strength of the effect of tawarruq on the liquidity of Islamic banks, which obliges banks and supervisory authorities to follow the mentioned financing formula and manage its risks.