Introduction to history of Islamic banking in Malaysia
Abstract
Purpose
The purpose of this paper is to review the history of Islamic banking in Malaysia from 1963 until 2010.
Design/methodology/approach
To review the history of Islamic banking in Malaysia, data have been gathered from different articles, books and reports about the Islamic banking system in Malaysia.
Findings
The paper found that Malaysia as an Islamic country has an outstanding infrastructure to support the establishment of an Islamic banking hub in the Islamic region.
Originality/value
The paper shows that Malaysia was of the first countries to take a systematic planning approach to develop the Islamic finance system in the region. Islamic banking systems in Malaysia are growing rapidly and progressively, in spite of some other countries wishing to be ahead of Malaysia, such as Singapore and the UK.
Keywords
Citation
Abdullah Saif Al Nasser, S., Datin and Muhammed, J. (2013), "Introduction to history of Islamic banking in Malaysia", Humanomics, Vol. 29 No. 2, pp. 80-87. https://doi.org/10.1108/08288661311319157
Publisher
:Emerald Group Publishing Limited
Copyright © 2013, Emerald Group Publishing Limited