Purpose

Keeping in view the robust growth of Islamic banking around the globe, this study aims to comparatively analyze the association between liquidity creation and liquidity risk for Islamic banks (IBANs) and conventional banks (CBANs) in Pakistan and Malaysia over a period of 2004–2021. The moderating role of bank loan concentration on the aforementioned relationship is also studied.

Design/methodology/approach

Regression estimation methods such as fixed effect, random effect and generalized least square are deployed for obtaining results. Liquidity creation Burger Bouwman measure (cat fat and noncat fat) and Basel-III liquidity risk measure (liquidity coverage ratio) are also used.

Findings

The results give us insight that liquidity creation is positively and significantly related to liquidity risk in both IBANs and CBANs of Pakistan and Malaysia. This relationship has been moderated negatively (reversed) and significantly by credit concentration showing the importance of risk management and loan portfolio concentration.

Practical implications

It is analyzed that during the process of liquidity creation, IBANs in Pakistan faced more liquidity risk for both on and off-balance sheet transactions in the presence of moderation of loan concentration than IBANs in Malaysia necessitating strategic policy-making for important aspects of liquidity risk management and loan concentration while creating liquidity.

Originality/value

Such studies comparing IBANs and CBANs comparison keeping in view liquidity creation, liquidity risk and loan concentration are either limited or nonexistent.

中文翻译：

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银行流动性创造、贷款集中度与流动性风险：双银行体系比较分析

目的

考虑到全球伊斯兰银行业务的强劲增长，本研究旨在比较分析 2004 年至 2021 年期间巴基斯坦和马来西亚伊斯兰银行 (IBAN) 和传统银行 (CBAN) 的流动性创造和流动性风险之间的关联。还研究了银行贷款集中度对上述关系的调节作用。

设计/方法论/途径

采用固定效应、随机效应和广义最小二乘等回归估计方法来获得结果。还使用了流动性创造 Burger Bouwman 衡量标准（猫脂肪和非猫脂肪）和巴塞尔协议 III 流动性风险衡量标准（流动性覆盖率）。

发现

结果让我们认识到，巴基斯坦和马来西亚的 IBAN 和 CBAN 的流动性创造与流动性风险呈显着正相关。这种关系已被信贷集中度显着地负面调节（逆转），显示了风险管理和贷款组合集中度的重要性。

实际影响

据分析，在流动性创造过程中，在贷款集中度适度的情况下，巴基斯坦的IBAN在表内和表外交易中面临的流动性风险高于马来西亚的IBAN，因此需要针对流动性风险的重要方面制定战略政策管理和贷款集中度，同时创造流动性。

原创性/价值

考虑到流动性创造、流动性风险和贷款集中度的此类比较 IBAN 和 CBAN 的研究要么有限，要么根本不存在。