A Comparison Between Malaysia and Indonesia in Islamic Banking Industry

A Comparison Between Malaysia and Indonesia in Islamic Banking Industry. Research Journal of Business and Management, 4 (3). pp. 276-286. ISSN 2148-6689 (2017)



Abstract

This paper aims to compare Malaysia and Indonesia in terms of current circumstances in the Islamic banking industry. This is very interesting because of several factors. Firstly these two countries are neighbors. Secondly, both countries have expressed their aspiration to be the center for the Islamic banking industry not only in the region but also in the world. Thirdly, both countries have significant differences in demographics and economic conditions. It is therefore very interesting to see which country is in a better position than other in the Islamic banking industry at present. This will help researchers to predict which country will achieve the target first if it occurs. The study shows that although both countries are making good progress in the Islamic banking industry, no country is far ahead of another. While Malaysia is ahead of Indonesia in some items, Indonesia is ahead of Malaysia in some other items.

Item Type: Article
Keywords: Islamic Banking, Shariah compliance, Banking industry
Taxonomy: By Niche > Islamic Banking > Banks and Banking > Finance
By Niche > Islamic Banking > Banks and Banking > Social Aspects
Local Content Hub: Niche > Islamic Banking
Depositing User: Ilya Nur Fateen Othman
Date Deposited: 31 Mar 2024 18:11
Last Modified: 31 Mar 2024 18:11
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