Table II.

Minimum and maximum threshold for new LCR framework

InstrumentsMinimum (%)Maximum (%)Maximum share for a group (%)
Cash51020
Central bank reserves510
Ṣukūk152580
Risk-sharing instruments1020
Perpetual Ṣukūk or long-term securities1010
Esham (Sharīʿah-based fixed- return instrument for investment used by the Ottoman government)35
Exims (trade-based short-term Sharīʿah-compliant instrument)410
Other new structured liquid instruments410
Other Sharīʿah-compliant instruments510 
Source: Authors’ own

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