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

Globally, 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 dollar value of assets held by the Islamic financial institutions is less than 2 percent of the conven...

Full description

Bibliographic Details
Main Authors:	Ramadili Mohd, Shamsher Mohamad, Mahomed, Ziyaad, Mustaffa Kamil, Nazrol Kamil
Format:	Book Chapter
Language:	English
Published:	Pearson Malaysia 2017
Subjects:	HG1501 Banking HG3368 Islamic Banking and Finance
Online Access:	http://irep.iium.edu.my/62236/ http://irep.iium.edu.my/62236/ http://irep.iium.edu.my/62236/1/62236_Islamic%20banking%20business%20of%20conventional%20banks.pdf

id	iium-62236
recordtype	eprints
spelling	iium-622362018-05-17T00:27:06Z http://irep.iium.edu.my/62236/ Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries Ramadili Mohd, Shamsher Mohamad Mahomed, Ziyaad Mustaffa Kamil, Nazrol Kamil HG1501 Banking HG3368 Islamic Banking and Finance Globally, 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 dollar 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. Pearson Malaysia 2017 Book Chapter PeerReviewed application/pdf en http://irep.iium.edu.my/62236/1/62236_Islamic%20banking%20business%20of%20conventional%20banks.pdf Ramadili Mohd, Shamsher Mohamad and Mahomed, Ziyaad and Mustaffa Kamil, Nazrol Kamil (2017) Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries. In: Islamic finance in Malaysia: growth & development. Pearson Malaysia, Kuala Lumpur, Malaysia, pp. 85-114. ISBN 978-967-349-737-9 https://ikr.inceif.org/handle/INCEIF/2792
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HG1501 Banking HG3368 Islamic Banking and Finance
spellingShingle	HG1501 Banking HG3368 Islamic Banking and Finance Ramadili Mohd, Shamsher Mohamad Mahomed, Ziyaad Mustaffa Kamil, Nazrol Kamil Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries
description	Globally, 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 dollar 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.
format	Book Chapter
author	Ramadili Mohd, Shamsher Mohamad Mahomed, Ziyaad Mustaffa Kamil, Nazrol Kamil
author_facet	Ramadili Mohd, Shamsher Mohamad Mahomed, Ziyaad Mustaffa Kamil, Nazrol Kamil
author_sort	Ramadili Mohd, Shamsher Mohamad
title	Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries
title_short	Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries
title_full	Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries
title_fullStr	Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries
title_full_unstemmed	Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries
title_sort	islamic banking business of conventional banks: transition from windows to islamic subsidiaries
publisher	Pearson Malaysia
publishDate	2017
url	http://irep.iium.edu.my/62236/ http://irep.iium.edu.my/62236/ http://irep.iium.edu.my/62236/1/62236_Islamic%20banking%20business%20of%20conventional%20banks.pdf
first_indexed	2023-09-18T21:28:14Z
last_indexed	2023-09-18T21:28:14Z
_version_	1777412336265461760

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

Similar Items