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The development of Islamic finance in Malaysia

Md Nor, Mohd Zakhiri and Mohamad, Ani Munirah and Yaacob, Hakimah (2016) The development of Islamic finance in Malaysia. In: Islamic Banking & Finance Principles, Instruments & Operations. CLJ Publication, pp. 601-617. ISBN 978-967-457-065-1

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Abstract

The Islamic finance industry has gained popularity and captured the attention of people all over the world.Today, Malaysia appears to be one of the leading Islamic finance players in the world, since the passing of the first legislation of Islamic finance in 1983 i.e. the Islamic Banking Act 1983. The industry continues to progress until today, further promising robust development in the coming future.This chapter will discuss the development of the Islamic finance industry in Malaysia based on the three main sectors which are increasingly gaining popularity and visibility: banking and finance, takaful and securities

Item Type: Book Section
Additional Information: ISBN No: 978-967-457-065-1
Subjects: B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc
H Social Sciences > HG Finance
Divisions: School of Law
Depositing User: Dr. Mohd Zakhiri Md. Nor
Date Deposited: 15 Dec 2016 02:57
Last Modified: 15 Dec 2016 02:57
URI: https://repo.uum.edu.my/id/eprint/20342

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