Islamic banking sector is increasingly facing liquidity risk across all geographical regions. The situation is more challenging in the GCC region, said an expert. He called for the industry leaders and the regulators to create new instruments and develop fresh policy tools for the liquidity risk management in the Islamic industry sector.
Dr Salman Syed Ali of Islamic Research and Training Institute, Saudi Arabia, cautioned that the Islamic banking sector might also go the way of conventional banks, unless effective tools are not in place immediately………………………………………..Full Article: Source