Browsing by Topic Islamic banking

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Showing results 21 to 30 of 209
  • bank_Maldives_introduces_Islamic_deposit_account_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2016)

  • A new Islamic deposit account, the Wadiah Business Account, has been introduced by BML Islamic, the Islamic finance arm of the Bank of Maldives (BML) on the 7th December 2015. The tagline used in the introduction of this type of account is: The Shariah compliant current account facility for your business. This newly introduced account is not merely an account with a current account facility but it provides added services such as instant and secure internet banking and professional support through the BML Islamic Advice Center for more advanced Islamic banking-related advisory services.

  • banking_models_monetary_transmission_mechanism_Malaysia_are_Islamic_banks_different_malika.pdf.jpg
  • Journal Article


  • Authors: Akhatova, Malika; Zainal, Mohd-Pisal; Ibrahim, Mansor H. (2016)

  • The present paper comparatively evaluates the credit channel of monetary transmission process of Islamic banks and conventional banks by focusing on their lending/financing behaviour in responses to monetary policy shocks as well as other shocks. Adopting structural vector autoregression (SVAR) specification, we validate the significant responses of both conventional bank credit and Islamic bank financing to monetary policy shocks. However, the dynamic behaviour of Islamic banks following monetary policy shocks as well as other shocks tends to be different. Our analysis indicates that the Islamic bank financing tends to respond immediately while the conventional bank credit exhibits d...

  • Bilateral_rebate_ibra_mutabadal_Islamic_banking_operation_critical_appraisal_Fairooz.pdf.jpg
  • Journal Article


  • Authors: Abdul Khir, Mohamed Fairooz (2016)

  • This study aims to examine the scholars' views on the legality of bilateral rebate in Islamic financial transactions. It also aims to evaluate the contemporary application of bilateral rebate in Islamic banking operation as an alternative to the conventional mechanism in handling the events of early settlement of debt, early termination of debt facility and early withdrawal of term deposit. The study used deductive and inductive methods to analyze the juristic literature of all the major schools of law on the legality of both bilateral and unilateral rebate in a financial transaction. The study found bilateral rebate (ibra' mutabadal), instead of unilateral rebate, to be the best and ...

  • birth_and_growth_of_bank_islam.pdf.jpg
  • Chapter in Book


  • Authors: Mohd Tahir, Zainal Abidin (2017)

  • Lembaga Tabung Haji (TH), the Malaysia Pilgrims Fund Board, the pioneer Islamic non-bank financial institution in the country, paved the way - as the catalyst and leading stakeholder - for the establishment of Bank Islam Malaysia Berhad (BIMB), the first full-fledged Islamic bank in Malaysia. In fact, TH is still one of the major shareholders of the bank through its shareholdings in BIMB Holdings Berhad (BHB)...

  • item.jpg
  • Master


  • Authors: Roslan, Muhammad Faruq (2018)

  • The current global market is not seeing enough investment products catered to impact investing strategy, especially in the public equity context; this gap needs to be addressed as the construct of their massive size and relationships across the supply chain would implicitly cause social and environmental impacts at every level. Thus, investors seeking to impart positive changes beyond mere financial returns must also assess the positive and negative impacts oftheir public equities portfolio as the bulk of their capital's impact lies there. In assessing non-financial impacts, big data could be leveraged to materialise these impacts. The study explores the big data ecosystem and suggest...

  • business_cycle_bank_lending_procyclicality_dual_banking_system_mansor.pdf.jpg
  • Journal Article


  • Authors: Ibrahim, Mansor H. (2016)

  • The paper studies bank lending behaviour over the business cycle in a dual banking system, Malaysia, with the objective of ascertaining whether Islamic banks have a role in stabilizing credit. The study makes use of unbalanced panel data of 21 conventional banks and 16 Islamic banks covering mostly the period 2001–2013. Applying dynamic GMM estimators, we find the aggregate loans by banks to be pro-cyclical in conformity with existing studies. However, when we segregate the lending/financing behaviour of conventional and Islamic banks, the cyclicality of bank lending seems to be true only for conventional banks. As for the Islamic banks, the business cycle does not seem to affect thei...

  • capital_adequacy_lending_deposit_behaviours_conventional_islamic_banks_shamser.pdf.jpg
  • Journal Article


  • Authors: Abdul Karim, Mastura; Hassan, M. Kabir; Hassan, Taufiq; Ramadili Mohd, Shamsher Mohamad (2014)

  • Capital adequacy plays an important role in determining banking activities. A bank must hold a minimum level of capital to ensure sufficient funds to buffer against unexpected losses or adverse shocks. This study analyzes and compares Islamic and conventional banks in 14 Organization of Islamic Conference (OIC) countries from 1999 to 2009. The empirical evidence suggests that capital requirements have a significant impact on the deposit and lending behaviors of the 52 Islamic banks (IBs) and 186 conventional banks (CBs) in the sample. There is a strong positive relationship between capital requirements and deposit and loan growth for both IBs and CBs

  • case_universal_banking_component_Islamic_banking_mabid.pdf.jpg
  • Journal Article


  • Authors: Mahmoud Al-Jarhi, Mabid Ali Mohamed (2005)

  • Universal banking is one of the main components of Islamic banking. Islamic banks provide finance to enterprises through either sharing directly in the net results of their activities or financing their purchases of assets, goods and services on credit. We can therefore expect Islamic banks to hold equity in corporations and sit on their boards of directors. This paper aims to put forward the case of universal banking as a part of Islamic banking. A large amount of literature is surveyed that comes from banking theory, macroeconomic and monetary theory, as well as empirical studies about banking practices. The conclusion is that universal banking on its own is a sound practice that ca...

  • a_case_study_default_Islamic_financing_facilities_Malaysian_perspective_aishath.pdf.jpg
  • Chapter in Book


  • Authors: Muneeza, Aishath (2019)

  • Default can occur in Islamic banking. As the law applicable to Islamic banking is derived from Shariah, it is imperative to check whether the current practice of Islamic banks in default aligns with Shariah. The objective of this chapter is to discuss the rules and procedures Islamic banks in Malaysia follow in case of default. This is a qualitative research where data from primary sources such as laws on the matter are extracted to derive conclusions and secondary sources such as case laws and other published materials in the subject matter are explored. It is anticipated that the outcome of this chapter will assist to comprehend the way in which Islamic banks deal in case of default...

  • clash_of_convictions_conventional_banking_islamic_banking_aishath.PDF.jpg
  • Journal Article


  • Authors: Muneeza, Aishath; Wisham, Ismail; Hassan, Rusni (2010)

  • Malaysia is a religiously and ethnically versatile country with a dual legal structure. Essentially, Malaysia's banking system is plural and thus, two different sets of legal systems work at the same time. The semi-permanent conventional banking system has been leveled off by the Islamic banking system which emerged only in 1983. Whether accepted or not, the dual system which emerged only in 1983. Whether accepted or not, the dual system in the society has created challenges and clashes between the two, and these must be addressed and dealt with properly, so as to trim down such clashes to a minimum. Several quarrels exist between conventional and Islamic banking laws; some which aris...

Browsing by Topic Islamic banking

Jump to: 0-9 A B C D E F G H I J K L M N O P Q R S T U V W X Y Z
or enter first few letters:  
Showing results 21 to 30 of 209
  • bank_Maldives_introduces_Islamic_deposit_account_aishath.pdf.jpg
  • Industry Article


  • Authors: Muneeza, Aishath (2016)

  • A new Islamic deposit account, the Wadiah Business Account, has been introduced by BML Islamic, the Islamic finance arm of the Bank of Maldives (BML) on the 7th December 2015. The tagline used in the introduction of this type of account is: The Shariah compliant current account facility for your business. This newly introduced account is not merely an account with a current account facility but it provides added services such as instant and secure internet banking and professional support through the BML Islamic Advice Center for more advanced Islamic banking-related advisory services.

  • banking_models_monetary_transmission_mechanism_Malaysia_are_Islamic_banks_different_malika.pdf.jpg
  • Journal Article


  • Authors: Akhatova, Malika; Zainal, Mohd-Pisal; Ibrahim, Mansor H. (2016)

  • The present paper comparatively evaluates the credit channel of monetary transmission process of Islamic banks and conventional banks by focusing on their lending/financing behaviour in responses to monetary policy shocks as well as other shocks. Adopting structural vector autoregression (SVAR) specification, we validate the significant responses of both conventional bank credit and Islamic bank financing to monetary policy shocks. However, the dynamic behaviour of Islamic banks following monetary policy shocks as well as other shocks tends to be different. Our analysis indicates that the Islamic bank financing tends to respond immediately while the conventional bank credit exhibits d...

  • Bilateral_rebate_ibra_mutabadal_Islamic_banking_operation_critical_appraisal_Fairooz.pdf.jpg
  • Journal Article


  • Authors: Abdul Khir, Mohamed Fairooz (2016)

  • This study aims to examine the scholars' views on the legality of bilateral rebate in Islamic financial transactions. It also aims to evaluate the contemporary application of bilateral rebate in Islamic banking operation as an alternative to the conventional mechanism in handling the events of early settlement of debt, early termination of debt facility and early withdrawal of term deposit. The study used deductive and inductive methods to analyze the juristic literature of all the major schools of law on the legality of both bilateral and unilateral rebate in a financial transaction. The study found bilateral rebate (ibra' mutabadal), instead of unilateral rebate, to be the best and ...

  • birth_and_growth_of_bank_islam.pdf.jpg
  • Chapter in Book


  • Authors: Mohd Tahir, Zainal Abidin (2017)

  • Lembaga Tabung Haji (TH), the Malaysia Pilgrims Fund Board, the pioneer Islamic non-bank financial institution in the country, paved the way - as the catalyst and leading stakeholder - for the establishment of Bank Islam Malaysia Berhad (BIMB), the first full-fledged Islamic bank in Malaysia. In fact, TH is still one of the major shareholders of the bank through its shareholdings in BIMB Holdings Berhad (BHB)...

  • item.jpg
  • Master


  • Authors: Roslan, Muhammad Faruq (2018)

  • The current global market is not seeing enough investment products catered to impact investing strategy, especially in the public equity context; this gap needs to be addressed as the construct of their massive size and relationships across the supply chain would implicitly cause social and environmental impacts at every level. Thus, investors seeking to impart positive changes beyond mere financial returns must also assess the positive and negative impacts oftheir public equities portfolio as the bulk of their capital's impact lies there. In assessing non-financial impacts, big data could be leveraged to materialise these impacts. The study explores the big data ecosystem and suggest...

  • business_cycle_bank_lending_procyclicality_dual_banking_system_mansor.pdf.jpg
  • Journal Article


  • Authors: Ibrahim, Mansor H. (2016)

  • The paper studies bank lending behaviour over the business cycle in a dual banking system, Malaysia, with the objective of ascertaining whether Islamic banks have a role in stabilizing credit. The study makes use of unbalanced panel data of 21 conventional banks and 16 Islamic banks covering mostly the period 2001–2013. Applying dynamic GMM estimators, we find the aggregate loans by banks to be pro-cyclical in conformity with existing studies. However, when we segregate the lending/financing behaviour of conventional and Islamic banks, the cyclicality of bank lending seems to be true only for conventional banks. As for the Islamic banks, the business cycle does not seem to affect thei...

  • capital_adequacy_lending_deposit_behaviours_conventional_islamic_banks_shamser.pdf.jpg
  • Journal Article


  • Authors: Abdul Karim, Mastura; Hassan, M. Kabir; Hassan, Taufiq; Ramadili Mohd, Shamsher Mohamad (2014)

  • Capital adequacy plays an important role in determining banking activities. A bank must hold a minimum level of capital to ensure sufficient funds to buffer against unexpected losses or adverse shocks. This study analyzes and compares Islamic and conventional banks in 14 Organization of Islamic Conference (OIC) countries from 1999 to 2009. The empirical evidence suggests that capital requirements have a significant impact on the deposit and lending behaviors of the 52 Islamic banks (IBs) and 186 conventional banks (CBs) in the sample. There is a strong positive relationship between capital requirements and deposit and loan growth for both IBs and CBs

  • case_universal_banking_component_Islamic_banking_mabid.pdf.jpg
  • Journal Article


  • Authors: Mahmoud Al-Jarhi, Mabid Ali Mohamed (2005)

  • Universal banking is one of the main components of Islamic banking. Islamic banks provide finance to enterprises through either sharing directly in the net results of their activities or financing their purchases of assets, goods and services on credit. We can therefore expect Islamic banks to hold equity in corporations and sit on their boards of directors. This paper aims to put forward the case of universal banking as a part of Islamic banking. A large amount of literature is surveyed that comes from banking theory, macroeconomic and monetary theory, as well as empirical studies about banking practices. The conclusion is that universal banking on its own is a sound practice that ca...

  • a_case_study_default_Islamic_financing_facilities_Malaysian_perspective_aishath.pdf.jpg
  • Chapter in Book


  • Authors: Muneeza, Aishath (2019)

  • Default can occur in Islamic banking. As the law applicable to Islamic banking is derived from Shariah, it is imperative to check whether the current practice of Islamic banks in default aligns with Shariah. The objective of this chapter is to discuss the rules and procedures Islamic banks in Malaysia follow in case of default. This is a qualitative research where data from primary sources such as laws on the matter are extracted to derive conclusions and secondary sources such as case laws and other published materials in the subject matter are explored. It is anticipated that the outcome of this chapter will assist to comprehend the way in which Islamic banks deal in case of default...

  • clash_of_convictions_conventional_banking_islamic_banking_aishath.PDF.jpg
  • Journal Article


  • Authors: Muneeza, Aishath; Wisham, Ismail; Hassan, Rusni (2010)

  • Malaysia is a religiously and ethnically versatile country with a dual legal structure. Essentially, Malaysia's banking system is plural and thus, two different sets of legal systems work at the same time. The semi-permanent conventional banking system has been leveled off by the Islamic banking system which emerged only in 1983. Whether accepted or not, the dual system which emerged only in 1983. Whether accepted or not, the dual system in the society has created challenges and clashes between the two, and these must be addressed and dealt with properly, so as to trim down such clashes to a minimum. Several quarrels exist between conventional and Islamic banking laws; some which aris...