The Features of the Standard System of Liquidity Management of the Islamic Society

The liquidity management of the society has important effects on macroeconomic variables and, consequently, of achieving the economic goals. The liquidity management system of Islamic community has some features that distinguish it from the conventional liquidity management system. This study seeks to point out these features. Explaining the principles and goals of Islamic liquidity management and the factors affecting liquidity, this paper points out the features of the standard system of liquidity management of Islamic society and states that the changes in the amount of liquidity and its orientation should happen through legitimate means and adopting the criterion of public interests which conform with the actual needs of economy and amount of goods and services and which fulfill the goals of this system, such as justice, price stability, employment and economic growth.