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Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries

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dc.contributor.authorNazrol Kamil Mustaffa Kamil
dc.contributor.authorShamsher Mohamad Ramadili Mohd
dc.contributor.authorZiyaad Mahomed
dc.date.accessioned2018-02-04T14:28:02Z
dc.date.available2018-02-04T14:28:02Z
dc.date.issued2017
dc.description.abstractGlobally, Islamic banking grew by a compound annual growth rate of 17.3 percent between 2009 and 2014. The estimated size of the industry at the end of 2014 was given at US$2.1 trillion. This total follar value of assets held by the Islamic financial institutions is less than 2 percent of the conventional banking industry; nonetheless, this is a huge achievement, considering it started from a zero base in the 1970s (Ernst & Young, 2013). Through the rate of growth has declined in recent years, the industry has nevertheless managed to grow by more than 15 percent even during the 2009 global crisis, whereas the overall banking assets remained static and economic growth in almost all countries was negative.en_US
dc.identifier.citationRamadili Mohd, S. M., Mahomed, Z., & Mustaffa Kamil, N. K. (2017). Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries. In Mohamed Ariff Abdul Kareem (Ed.), Islamic finance in Malaysia: growth & development (pp. 85-114). Kuala Lumpur, Malaysia: Pearson Malaysia.en_US
dc.identifier.isbn9789673497379
dc.identifier.urihttps://ikr.inceif.edu.my/handle/INCEIF/2792
dc.languageEnglish
dc.language.isoengen_US
dc.publisherPearson Malaysia Sdn Bhden_US
dc.rights2017. Pearson Malaysia
dc.sourceSEDONA
dc.subjectIslamic bankingen_US
dc.subjectIslamic banking businessen_US
dc.subjectMalaysiaen_US
dc.subjectIslamic windowsen_US
dc.titleIslamic banking business of conventional banks: transition from windows to Islamic subsidiariesen_US
dc.typeChapter in Booken_US
dlc.maintopicIslamic bankingen_US
dspace.entity.typePublication
ikr.doctypeScholarly Works
ikr.licenseAvailable in physical copy only (Call Number: HG 3368 A6 I82Mo)
ikr.topic.maintopicIslamic bankingen_US
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