Editorial: Liquidity Management by Islamic Banks: An Issue or a Contrivance for Risk-Free Returns

Abstract

Islamic banking and finance that can provide a framework for achieving the objective of sustainable socio-economic growth witnessed a rapid growth over the last two decades. Islamicfinance industry spread over 110 countries, and 50 million customers grew from US$200 billion in 2003 to an estimated US$2 trillion of assets worldwide last year and are expected to surpass $3 trillion by 2020. Out of the total assets, the Islamic banks had US$1.451 trillion by the end of 2015 (T/R 2016/17).