The Islamic capital market
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Capital markets play an increasingly important role in modern economies. Though a part of the financial sector which they share with the banking system, capital markets while complementing banks can enhance risk sharing and thereby minimise macroeconomic vunerability. Economists typically divide the overall macro economy into two parts, the real sector and the financial sector. The real sector represents the productive capacity of the economy and produces the goods and services that accounts for a nation's Gross Domestic Product (GDP).
Islamic capital markets , Malaysia
Bacha, O. I. (2017). The Islamic capital market. In Baharom Abdul Hamid, Mansor H. Ibrahim & Sazalina Kamarudin (Eds.), Islamic finance: the new normal (pp. 173-189). Kuala Lumpur, Malaysia: RAM Holdings Berhad.
RAM Holdings Berhad