Islamic banking – the case of Malaysia

Islamic banking – the case of Malaysia. Research Papers of Wrocklaw University of Economics. pp. 241-250. ISSN 1899-3192 (2014)



Abstract

In the last few decades the increasing significance of Islamic finance has been observed. Among all the Islamic financial institutions, banks have been playing a dominant role in Islamic financial industry. A distinctive feature of Islamic banks is the obligation to conduct operations in accordance with principles of shariah, which is the religious law of Muslims.
The purpose of this paper is to analyse the Islamic banking market in Malaysia. The reason why Malaysia has been chosen is the fact that it is one of the most developed Islamic banking
markets in the world, and many other Muslim countries introduce the same regulations and banking practices, that has been functioning with success in this country. The methodology used in the paper is based on the analysis of the literature, as well as statistical data, provided mainly by Bank Negara Malaysia

Item Type: Article
Keywords: Islamic banking, Shariah, Malaysia
Taxonomy: By Niche > Islamic Banking > Banks and Banking > Finance
Local Content Hub: Niche > Islamic Banking
Depositing User: Ilya Nur Fateen Othman
Date Deposited: 31 Mar 2024 18:08
Last Modified: 31 Mar 2024 18:08
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