استراتيجيات إدارة السيولة في المصارف الإسلامية دراسة مقارنة بين سورية والأردن

Abstract

Abstract

This study aimed to investigate liquidity management strategies in Islamic banks, considering

the challenges posed by Sharia principles that restrict the use of conventional interest-based instruments. This restriction makes it difficult to balance meeting liquidity requirements with effective investment. The study also sought to measure the impact of a set of independent variables-namely, economic factors (money supply, real GDP) and banking factors (capital adequacy, return on assets, financing ratio, and total deposits-to-assets ratio) -on the dependent variable (liquidity) in Islamic banks in Syria and Jordan during the period (2011- 2023). The ARDL model was used with EViews 13 software, employing a descriptive, analytical, and comparative methodology.

The results showed no significant impact of economic variables on the liquidity of Islamic

banks in Syria, while they showed a significant impact of money supply only in Islamic banks

in Jordan. The results also showed no significant impact of either capital adequacy and the

ratio of total deposits to assets on liquidity in Syria, compared to no impact of either return

on assets and the ratio of total deposits to assets in Jordan. In contrast, the results showed

a significant impact of both the financing ratio and return on assets on the liquidity of Islamic

banks in Syria, and of both the financing ratio and capital adequacy in Jordanian banks.

The study recommended the necessity of developing the regulatory and institutional

framework between Islamic banks and the Central Bank of Syria by studying Jordanian

legislation and adopting those that are compatible with the Syrian environment.

Keywords: Strategies, Liquidity Management, Islamic Banks, Liquidity Risks, Liquidity

Management Tools.