IFSB-12: Guiding Principles on Liquidity Risk Management for institutions offering Islamic Financial Services
Mar 31, 2012
| Islamic Financial Services Board (IFSB) | IFSB
These Guiding Principles endeavour to provide a set of principles for the robust management of liquidity risk by Islamic financial services (IIFS) and its vigorous supervision and monitoring by the supervisory authorities, taking into consideration the specificities of the IIFS and complementing relevant existing and emerging international best practices. The document further outlines necessary elements of effective liquidity risk management in the Islamic financial services industry (IFSI).