Liquidity management through financial tools and attracting resources in the banking system of selected Islamic countries

In past, a limited number of Financial and monetary institutions were following the Islamic banking regulations and did their activities according to religious laws. By emergence of Usury free banking law in 1983 and its practice in 1984, a major change in field of Islamic banking activities have begun within Islamic countries, but the implementation models for each one of the banks and countries that accepted Islamic banking procedure is different according to geographical models and the consumers’ habits and this issue caused emergence of different models of Islamic banking within different countries. Therefore, review of Islamic banking approaches and financial tools and Islamic banking services and utilization of other Islamic countries experiences will have a significant role in development of Islamic banking and Iran banking system revolution. Therefore, in this study, approaches, methods and financial and monetary tools relating to facilitation and resources allocation within banking system of different countries are reviewed

Keywords:

financial tools , Financial tools , Sukuk , liquidity management , Islamic financial instruments , equipping Islamic countries’ resources