Durmuş Yılmaz, the governor of the Central Bank of Turkey, on Wednesday said the Islamic banking model made it very difficult for banks to gain continued access to liquidity.

At a seminar in Istanbul, Turkey, Yılmaz said: "As a new and improving banking model, Islamic banking has some shortages in comparison with their conventional counterparts. In the conventional banking system with a well-developed interbank money market, a variety of instruments are available for the banks… However, this