Do Indonesian Islamic Microfinance Institutions Need Lender of the Last Resort?

• Main Authors: Imron Mawardi, -, Tika Widiastuti, -, Muhammad Ubaidillah Al Mustofa, -, Ari Prasetyo, -
• Format: Article PeerReviewed
• Language: English; Indonesian; Indonesian; Indonesian
• Published: Universitas Negeri Surabaya 2020
• Subjects: H Social Sciences; HG1-9999 Finance; HG4001-4285 Finance management. Business finance.Corporation finance
• Online Access: https://repository.unair.ac.id/107601/1/Imron%20Mawardi_Karil%20Tambahan.pdf; https://repository.unair.ac.id/107601/2/Imron%20Mawardi_PeerReview%20_Tambahan.pdf; https://repository.unair.ac.id/107601/3/Imron%20Mawardi_Bukti%20Korespondensi_Tambahan.pdf; https://repository.unair.ac.id/107601/5/Ari%20Prasetyo_Peer%20Review013.1.pdf; https://repository.unair.ac.id/107601/; https://journal.unesa.ac.id/index.php/jie/article/view/8569; http://dx.doi.org/10.26740/al-uqud.v4n2.p235-249
• Institution: Universitas Airlangga

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...