The General Council for Islamic Banks and Financial Institutions (CIBAFI), a global umbrella of Islamic financial institutions, has announced it is holding a technical workshop on liquidity risk management next month.
The Central Bank of Bahrain (CBB) has launched a new liquidity management instrument (wakalah) for Islamic retail banks.
The instrument is aimed at absorbing excess liquidity of the local Islamic retail banks and place it with CBB
Liquidity management instrument offerings remain limited in Islamic finance, but Basel III's liquidity coverage ratio is likely to create opportunities for their growth, a Standard & Poor's report said.
Most Islamic ba
Low oil prices are slowing or reversing deposit growth at Gulf Arab banks, but not enough to cause the liquidity squeeze that bankers fear.
Deposits from governments, quasi-government bodies and national oil companies provide arou
Egyptian real estate company Amer Group plans to split into two companies in an attempt to create more opportunities for its development business and boost trading in its shares.
The company, which owns hotels, restaurants and sho
The Qatar Stock Exchange said it would consult with market participants and issuers next month on improving liquidity in the market, and review the way in which its indexes are calculated.
A committee including brokers, representa
The United Arab Emirates is expected to issue its first ever federal government bonds before 2018 to help the country's banks meet global liquidity rules, but feasibility studies are yet to be completed, a senior finance ministry official sa
The central bank of the United Arab Emirates will introduce a mechanism on April 15 to let the country's banks borrow funds from it overnight to help with liquidity management.
The Interim Marginal Lending Facility (IMLF) will
Thanks to astute oversight by regulators, GCC and Levant banks emerged from the financial crisis in better shape than many Western banks, but their liquidity and capital positions should not be taken for granted. Management consulting firm Booz
China's central bank urged commercial banks to properly manage liquidity while reiterating its promise to keep monetary policy stable and to clamp down on risky lending, noting that the world's second-largest economy has yet to find a st