دور الهندسة المالية في تطوير إدارة مخاطر الصناعة المالية الإسلامية في ظل الأزمات المالية العالمية

Abstract

Liquidity risk is among the most important risks facing the banking industry, and interest in it has increased, especially after the mortgage crisis, which not only affected the American economy, but also spread to the entire global system, which has become characterized by a strong correlation. And in front of this situation, Islamic banks are obliged to manage their liquidity effectively and to identify the factors affecting and causing liquidity risks in order to avoid and treat them. Accordingly, this study aims to clarify the importance of financial engineering in providing and developing financial products that are compatible with the nature of Islamic banking and working to manage liquidity risks in an economic environment that is witnessing rapid changes. Therefore, the study relied on a descriptive and analytical methodology for a sample of Islamic banks operating in the Arab Gulf states, as they are among the leading countries in the field of Islamic banking. The study concluded that Islamic financial engineering has a role in providing financial products that will overcome many obstacles, as it works on solving the problem of liquidity by providing quickly liquid assets, and at the same time they constitute suitable investment opportunities to employ cash surpluses, in addition, the study concluded that there is an increasing dependence of Islamic banks on Islamic financial products in their financing and investment structure, especially after the global financial crisis.