Legal obstacles facing Islamic banking in Malaysia

Islamic banking is a concept which has proven itself to the world. Malaysia is considered as the cranium of Islamic banking and the rest of the world take lessons from Malaysia. The reason for this maybe because Malaysia is the first nation in the world to develop a sophisticated and a systematic le...

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Main Authors:	Hassan, Rusni, Muneeza, Aishath, Azzam Wajeeh, Ismail
Format:	Article
Language:	English
Published:	World Business Institute 2011
Subjects:	HG1501 Banking KPG Malaysia
Online Access:	http://irep.iium.edu.my/15227/ http://irep.iium.edu.my/15227/ http://irep.iium.edu.my/15227/1/15227_-_Legal_Obstacle_Facing_IB_in_Malaysia.pdf

id	iium-15227
recordtype	eprints
spelling	iium-152272016-03-08T02:51:30Z http://irep.iium.edu.my/15227/ Legal obstacles facing Islamic banking in Malaysia Hassan, Rusni Muneeza, Aishath Azzam Wajeeh, Ismail HG1501 Banking KPG Malaysia Islamic banking is a concept which has proven itself to the world. Malaysia is considered as the cranium of Islamic banking and the rest of the world take lessons from Malaysia. The reason for this maybe because Malaysia is the first nation in the world to develop a sophisticated and a systematic legal infrastructure to welcome, develop and sustain Islamic banking parallel to the conventional banking in the country. The systematic and the dual banking approach adopted by Malaysia did gain the attention of the whole world. More than two and a half decades later, the question that still persists is what needs to be done for the sustainable development of Islamic banking in Malaysia? It is observed that without eliminating the legal obstacles facing Islamic banking in Malaysia, it would be impossible to sustain Islamic banking in the country. The main focus of the paper is to find out the legal obstacles facing Islamic banking in Malaysia. World Business Institute 2011-11 Article PeerReviewed application/pdf en http://irep.iium.edu.my/15227/1/15227_-_Legal_Obstacle_Facing_IB_in_Malaysia.pdf Hassan, Rusni and Muneeza, Aishath and Azzam Wajeeh, Ismail (2011) Legal obstacles facing Islamic banking in Malaysia. World Journal of Social Sciences, 1 (5). pp. 126-131. ISSN 1839-1184 http://www.wbiaus.org/wjss_new.html
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG1501 Banking KPG Malaysia
spellingShingle	HG1501 Banking KPG Malaysia Hassan, Rusni Muneeza, Aishath Azzam Wajeeh, Ismail Legal obstacles facing Islamic banking in Malaysia
description	Islamic banking is a concept which has proven itself to the world. Malaysia is considered as the cranium of Islamic banking and the rest of the world take lessons from Malaysia. The reason for this maybe because Malaysia is the first nation in the world to develop a sophisticated and a systematic legal infrastructure to welcome, develop and sustain Islamic banking parallel to the conventional banking in the country. The systematic and the dual banking approach adopted by Malaysia did gain the attention of the whole world. More than two and a half decades later, the question that still persists is what needs to be done for the sustainable development of Islamic banking in Malaysia? It is observed that without eliminating the legal obstacles facing Islamic banking in Malaysia, it would be impossible to sustain Islamic banking in the country. The main focus of the paper is to find out the legal obstacles facing Islamic banking in Malaysia.
format	Article
author	Hassan, Rusni Muneeza, Aishath Azzam Wajeeh, Ismail
author_facet	Hassan, Rusni Muneeza, Aishath Azzam Wajeeh, Ismail
author_sort	Hassan, Rusni
title	Legal obstacles facing Islamic banking in Malaysia
title_short	Legal obstacles facing Islamic banking in Malaysia
title_full	Legal obstacles facing Islamic banking in Malaysia
title_fullStr	Legal obstacles facing Islamic banking in Malaysia
title_full_unstemmed	Legal obstacles facing Islamic banking in Malaysia
title_sort	legal obstacles facing islamic banking in malaysia
publisher	World Business Institute
publishDate	2011
url	http://irep.iium.edu.my/15227/ http://irep.iium.edu.my/15227/ http://irep.iium.edu.my/15227/1/15227_-_Legal_Obstacle_Facing_IB_in_Malaysia.pdf
first_indexed	2023-09-18T20:24:17Z
last_indexed	2023-09-18T20:24:17Z
_version_	1777408312640274432

Legal obstacles facing Islamic banking in Malaysia

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