Islamic financial industry development in Malaysia

Cherroun, Azzedine
April 2019
Al Bashaer Economic Journal;apr2019 Tome2, Vol. 5, p1124
Academic Journal
Significant developments in Islamic financial institutions like the international financial institutions in recent years. The purpose was to abide by Islamic law to reach a fair legal system. Designed to be different from traditional financial institutions in terms of objectives, processes, principles and practices. In order to reach the role of the Islamic finance industry in Malaysia, the statistics were analyzed, indicating that Malaysia among countries that tried to expand the deal in the Islamic financial industry, where the study found the evolution of Islamic banking which positively impacted on the Malaysian economic growth.


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