تقييم تجربة صندوق إدارة السيولة بين المصارف : السودان 2014-2019 م

Abstract EN

Islamic banks need instruments and Islamic financial products to help them utilize their excess liquidity to achieve earnings and help them in periods of liquidity shortage.

That would reduce their dependency on central banks as the lender of last resort, especially since borrowing money on interest is prohibited in Islam.

One option available for Islamic banks to manage their excess liquidity is establishment of a Sharīʿah-compliant investment fund.

The research aims to assess the experience of the Inter-Bank Liquidity Management Fund in Sudan by introducing the fund, explaining how it complies with the Sharīʿah, how it was formed and managed, and by evaluating its performance during the period (2014-2019).

This is in order to make the experience useful regionally and globally.

The research adopted the historical and descriptive analytical methodology.

The most important results were that the Interbank Liquidity Management Fund provided an opportunity to invest the surplus funds of banks in Sudan through the banks' contributions to the fund's capital.

it has also contributed to reducing liquidity risks.