Islamic banking in Malaysia

Islamic banking in Malaysia. [Video] (2021)



Abstract

The Malaysia economy structure transforms from agriculture based to the manufacturing and services activities back in 1990. The services and manufacturing sectors were main catalyst for the economic performance. The services sector was the major contributor with a share of 54.6 per cent in 2012 at constant 2005 prices.The financial sector was one of important sub-sector in services sector with a share of 17.2 per cent in 2012 at constant 2005 prices. The main composition in financial sub-sector was financial intermediation and Insurance. The financial intermediation grew at the rate of 8.9 per cent annually from 2005 to 2012 at constant 2005 prices which was higher than overall GDP growth at 4.7 percent in the same period. The share of financial intermediation contributes almost to 68 per cent to overall financial and insurance sub-sector. Meanwhile, Insurance activity sector grew at 6.5 per cent annually for the period of 2005 to 2012 and contributed about 25 per cent to financial and insurance sub-sector.

Item Type: Video
Keywords: Islamic financial system, Islamic banking industry growth, Performance, Recognition
Taxonomy: By Niche > Islamic Banking > Banks and Banking > Customer Services
By Niche > Islamic Banking > Banks and Banking > Finance
By Niche > Islamic Banking > Banks and Banking > Research
Local Content Hub: Niche > Islamic Banking
Depositing User: Ilya Nur Fateen Othman
Date Deposited: 17 Apr 2023 06:47
Last Modified: 17 Apr 2023 06:47
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