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Islamic banks face liquidity management issues

Posted on 19 September 2012

“Islamic banks still face the challenge in their day-to-day management of cash because of the lack of a comprehensive Islamic interbank money market today,” Bank Islam Malaysia Bhd general manager Norashikin Mohd Kassim said.
Shariah scholar Sheikh Abdulrahman Al-Atram said Shariah governance standards issued by international bodies have yet to receive international acceptance. “The standards are there, but they are not being paid proper attention by Shariah boards and individual institutions,” he said………………………………………..Full Article: Source

 
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