Can transparent disclosure be the solution to resolve shari’ah and ethical issues in special reserves of Islamic banks in Malaysia?

Islamic banks cannot promise to pay fixed rate of return to the depositors although they are trying to pay at least the same rate of return provided by the conventional banks. Changes in interest rate put additional pressure on the Islamic banks to compete with the conventional banks. One way to com...

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Bibliographic Details
Main Authors: Htay, Sheila Nu Nu, Syed, Ahmed Salman
Format: Article
Language:English
Published: International Journals of Multidisciplinary Research Academy (IJMRA) 2013
Subjects:
Online Access:http://irep.iium.edu.my/32026/
http://irep.iium.edu.my/32026/
http://irep.iium.edu.my/32026/1/CAN_TRANSPARENT_DISCLOSURE_BE_THE_SOLUTION_TO_RESOLVE_SHARI%E2%80%99AH_AND_ETHICAL_ISSUES_IN_SPECIAL_RESERVES_OF_ISLAMIC_BANKS_IN_MALAYSIA.pdf