This study aims to analyze systematic factors on the risk of Islamic banking liquidity in Islamic and non Islamic countries. Data used in this study were 105 banks from 24 countries with 18 Islamic countries and 6 non Islamic countries from 2007 to 2016. The result of this study is that there are different factors on the risk of Islamic banking liquidity in Islamic and non Islamic countries, i.e. Islamic countries are not affected by the systematic factors, while non Islamic, interest rate affected. This is because Islamic banking in non Islamic countries still following the rules of the economy using interest rates. This result has a different impact when the economic system imposed on a country is different, especially in the application of interest rate policies. The impact can make Islamic banking in non Islamic countries more stable than systematic factors that cannot be diversified.