Islamic liquidity management : the Malaysian experience
Joint Authors
Ibrahim, Muhammad
Mukhtar, Hamim Syahrum Ahmad
Source
ISRA International Journal of Islamic Finance
Issue
Vol. 2, Issue 2 (31 Dec. 2010), pp.131-156, 26 p.
Publisher
International Shari'ah Research Academy for Islamic Finance
Publication Date
2010-12-31
Country of Publication
Malaysia
No. of Pages
26
Main Subjects
Financial and Accounting Sciences
Religion
Islamic Studies
Topics
- Islamic jurisprudence
- Monetary policy
- Islam
- Management
- Sales
- Markets
- Derivative securities
- Investments
- Financial markets
- Debts
- Capital
- Purchasing
- Speculation
- Malaysia
- Resale on profit
- Bank deposits
- Negotiable instruments
- Transparency(Behavior)
- Bank liquidity
- Government bonds
Abstract EN
The paper examines the Malaysian experience in managing Islamic liquidity from the perspective of regulators.
While there are a multitude of factors that create a vibrant money market system for effectively managing liquidity, this paper looks at six factors: a large number of active players in the market; diversity and sophistication of Islamic instruments; a market transparency framework; an effective mechanism and system for tendering, settlement and information dissemination; government support in market development; and a robust legal and regulatory framework.
The paper also discusses issues relating to Islamic liquidity management and raises the possibility of building linkages among Islamic financial markets, developing joint funds, strengthening information sharing and human talent management as well as creating a private-sector-driven association for Islamic financial market participants.
American Psychological Association (APA)
Ibrahim, Muhammad& Mukhtar, Hamim Syahrum Ahmad. 2010. Islamic liquidity management : the Malaysian experience. ISRA International Journal of Islamic Finance،Vol. 2, no. 2, pp.131-156.
https://search.emarefa.net/detail/BIM-717761
Modern Language Association (MLA)
Ibrahim, Muhammad& Mukhtar, Hamim Syahrum Ahmad. Islamic liquidity management : the Malaysian experience. ISRA International Journal of Islamic Finance Vol. 2, no. 2 (Dec. 2010), pp.131-156.
https://search.emarefa.net/detail/BIM-717761
American Medical Association (AMA)
Ibrahim, Muhammad& Mukhtar, Hamim Syahrum Ahmad. Islamic liquidity management : the Malaysian experience. ISRA International Journal of Islamic Finance. 2010. Vol. 2, no. 2, pp.131-156.
https://search.emarefa.net/detail/BIM-717761
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 156
Record ID
BIM-717761