Do Indonesian Islamic Microfinance Institutions Need Lender of the Last Resort?
Liquidity risk is one of significant risk managed by financial intermediaries including Islamic Microfinance Institutions (IMFIs). The financial intermediaries accept short-term deposits and disburse these deposits in the form of long-term loans. This situation makes IMFI desperately need a lender o...
Main Authors: | , , , |
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Format: | Article |
Language: | Indonesian |
Published: |
Universitas Negeri Surabaya
2020-07-01
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Series: | al-Uqud: Journal of Islamic Economics |
Subjects: | |
Online Access: | https://journal.unesa.ac.id/index.php/jie/article/view/8569 |