Bangladesh's Islamic banks see liquidity glut
Published 20 Sep,2021 via The Financial Express - A glut of idle money and a concurrent investment holdup amid the pandemic hangover leave Bangladesh's Islamic banking sector in a quandary with excess liquidity in the vault, sources say.
They say the excess liquidity with the Shariah-based banks is growing by the day due mainly to lower demand for fresh investments because of the upset done by the Covid-19 pandemic.
Lack of investment opportunities like conventional banks has also pushed up surplus money in the Islamic banking sector, according to senior bankers.
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The Financial Express