Conceptual framework of Islamic banking & finance: An alternative approach based on existing models

Islamic banking industry is tremendously growing worldwide and no exception in the case of Malaysia. Malaysian Government is very supportive for the development of the Islamic banking and to ensure that Malaysia will become the center and the heart of the Islamic banking and finance. Even though,...

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Main Authors: Htay, Sheila Nu Nu, Abdul Aziz, Muhammad Zahid, Hamat, Mustapha
Format: Proceeding Paper
Language:English
English
English
Published: 2011
Subjects:
Online Access:http://irep.iium.edu.my/26270/
http://irep.iium.edu.my/26270/1/5.Conceptual_Framework_of_Islamic_Banking_and_Finance__An_Alternative_Approach_Based_on_Existing_Models.pdf
http://irep.iium.edu.my/26270/2/5%266_Schedule_Muhammad_Zahid_Abdul_Aziz.pdf
http://irep.iium.edu.my/26270/7/Conceptual_framework_of_islamic_banking_and_finance_An_alternative_approach_based_on_existing_models_Conference_%282%29.pdf
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author Htay, Sheila Nu Nu
Abdul Aziz, Muhammad Zahid
Hamat, Mustapha
author_facet Htay, Sheila Nu Nu
Abdul Aziz, Muhammad Zahid
Hamat, Mustapha
author_sort Htay, Sheila Nu Nu
building IIUM Repository
collection Online Access
description Islamic banking industry is tremendously growing worldwide and no exception in the case of Malaysia. Malaysian Government is very supportive for the development of the Islamic banking and to ensure that Malaysia will become the center and the heart of the Islamic banking and finance. Even though, the rapid growth of the Islamic banking in Malaysia, it has been criticized for fulfilling or discharging the responsibility of Islamic institutions. A few researchers such as Halim and Chapra have come out the Islamic banking models. However, in the researchers’ opinion, these models need to be modified after considering the current Islamic banking practices and so far, no research has been done on it. Therefore, the purpose of this research is to propose the alternative conceptual framework on which true Islamic banking should be founded. It is believed that this research will provide a foundation to further research in Islamic banking and finance.
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format Proceeding Paper
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institution International Islamic University Malaysia
institution_category Local University
language English
English
English
last_indexed 2025-11-14T15:20:37Z
publishDate 2011
recordtype eprints
repository_type Digital Repository
spelling iium-262702013-05-19T09:39:06Z http://irep.iium.edu.my/26270/ Conceptual framework of Islamic banking & finance: An alternative approach based on existing models Htay, Sheila Nu Nu Abdul Aziz, Muhammad Zahid Hamat, Mustapha HG1501 Banking Islamic banking industry is tremendously growing worldwide and no exception in the case of Malaysia. Malaysian Government is very supportive for the development of the Islamic banking and to ensure that Malaysia will become the center and the heart of the Islamic banking and finance. Even though, the rapid growth of the Islamic banking in Malaysia, it has been criticized for fulfilling or discharging the responsibility of Islamic institutions. A few researchers such as Halim and Chapra have come out the Islamic banking models. However, in the researchers’ opinion, these models need to be modified after considering the current Islamic banking practices and so far, no research has been done on it. Therefore, the purpose of this research is to propose the alternative conceptual framework on which true Islamic banking should be founded. It is believed that this research will provide a foundation to further research in Islamic banking and finance. 2011-11-28 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/26270/1/5.Conceptual_Framework_of_Islamic_Banking_and_Finance__An_Alternative_Approach_Based_on_Existing_Models.pdf application/pdf en http://irep.iium.edu.my/26270/2/5%266_Schedule_Muhammad_Zahid_Abdul_Aziz.pdf application/pdf en http://irep.iium.edu.my/26270/7/Conceptual_framework_of_islamic_banking_and_finance_An_alternative_approach_based_on_existing_models_Conference_%282%29.pdf Htay, Sheila Nu Nu and Abdul Aziz, Muhammad Zahid and Hamat, Mustapha (2011) Conceptual framework of Islamic banking & finance: An alternative approach based on existing models. In: World Congress on Islamic System, 28-29 November 2011, Ivory 9, Level 4, Kuala Lumpur Convention Centre. (Unpublished)
spellingShingle HG1501 Banking
Htay, Sheila Nu Nu
Abdul Aziz, Muhammad Zahid
Hamat, Mustapha
Conceptual framework of Islamic banking & finance: An alternative approach based on existing models
title Conceptual framework of Islamic banking & finance: An alternative approach based on existing models
title_full Conceptual framework of Islamic banking & finance: An alternative approach based on existing models
title_fullStr Conceptual framework of Islamic banking & finance: An alternative approach based on existing models
title_full_unstemmed Conceptual framework of Islamic banking & finance: An alternative approach based on existing models
title_short Conceptual framework of Islamic banking & finance: An alternative approach based on existing models
title_sort conceptual framework of islamic banking & finance: an alternative approach based on existing models
topic HG1501 Banking
url http://irep.iium.edu.my/26270/
http://irep.iium.edu.my/26270/1/5.Conceptual_Framework_of_Islamic_Banking_and_Finance__An_Alternative_Approach_Based_on_Existing_Models.pdf
http://irep.iium.edu.my/26270/2/5%266_Schedule_Muhammad_Zahid_Abdul_Aziz.pdf
http://irep.iium.edu.my/26270/7/Conceptual_framework_of_islamic_banking_and_finance_An_alternative_approach_based_on_existing_models_Conference_%282%29.pdf