Islamic banking in Malaysia: framework, performance, and lessons. Journal Of Islamic Economics, 2 (2). pp. 67-78. ISSN 2462-1420 (1989)
Abstract
The establishment of Bank Islam Malaysia Bhd.(BIMB)in 1983 marked the beginning of a new era in the Malaysian financial systems.The introduction of Islamic banking in Malaysia has been viewed by many muslims as an alternative to the already existing interest-based financial institutions and by non-Muslims as a healthy development that adds variety which renders commercial banking a highly competitive industry. The Malaysian ecperience has shown that Islamic banking is a viable proposition.That the track record of BIMB is fairly impressive,however,does not necessarily mean that all is well with Islamic banking in the country.An attempt is made in this paper to review the performance of BIMB during the last six years and to draw lessons from it.It is hoped that the present analysia will provide a basic for charting out new directions.
| Item Type: | Article |
|---|---|
| Keywords: | Islamic banking, Malaysian financial system, Performance |
| 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 > Government Policy |
| Local Content Hub: | Niche > Islamic Banking |
| Depositing User: | Ilya Nur Fateen Othman |
| Date Deposited: | 19 Jun 2023 09:05 |
| Last Modified: | 19 Jun 2023 09:05 |
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