Bahrain to set up liquidity management centre

BAHRAIN - Bahrain plans to establish a US$50 million liquidity management centre (LMC) to help meet the needs of Islamic banks and financial institutions.

A central bank official said that Ernst and Young Bahrain had been appointed as financial advisor for the first LMC in an Islamic state.

Bankers say that one of the major problems facing around 200 Islamic banks and finance houses serving 1.2 billion Muslims globally is the lack of means to manage their day-to-day liquidity requirements.


Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: