Dealing with unlawful sources of funds among
Islamic banks in Malaysia: the practitioners’ perspectives

QR Code

Dealing with unlawful sources of funds among Islamic banks in Malaysia: the practitioners’ perspectives

This chapter offers a practitioners’ perspective on how Islamic banks in Malaysia deal with unlawful sources of funds. Specifically, it investigates the practice of Islamic banks in Malaysia in dealing with funds that originate from unlawful sources such as accepting deposits for safe-keeping and in...

Full description

Bibliographic Details
Main Authors:	Hj Ibrahim, Badruddin, Che Mohd Salleh, Marhanum, Mohd, Azizah, Laeba, Muhammad
Other Authors:	Oseni, Umar Aimhanosi
Format:	Book Chapter
Language:	English
Published:	Emerald Publishing Limited 2019
Subjects:	HG3368 Islamic Banking and Finance K Law (General)
Online Access:	http://irep.iium.edu.my/77300/ http://irep.iium.edu.my/77300/1/77300_Dealing%20with%20unlawful%20sources%20of%20funds.pdf

Similar Items

Dealing with unlawful sources of fund among Islamic banks in Malaysia: finding from the practitioners’ perspective
by: Hj Ibrahim, Badruddin, et al.
Published: (2018)

Treatment of wealth acquired by unlawful means: an Islamic legal perspective
by: Ibrahim, Badruddin, et al.
Published: (2019)

Treatment of unlawful wealth which acquired by unlawful means from Islamic legal perspective
by: Hj Ibrahim, Badruddin, et al.
Published: (2018)

Unlawful incomes by Islamic banks in Malaysia: an analysis of juristic methods of purification
by: Mohd Yunus, Saidatolakma, et al.
Published: (2017)

Ownership of unlawful wealth from Islamic legal perspective
by: Ibrahim, Badruddin, et al.
Published: (2017)

Productivity comparation of Islamic and conventional banks in Indonesia
by: Che Mohd Salleh, Marhanum, et al.
Published: (2020)

Comparative analysis of crowd funding in shariah perspective
by: Saleh, Abdulmajid Obaid Hasan, et al.
Published: (2019)

Utilization (intifa’) of unlawful wealth acquired by unlawful means from Islamic legal perspective
by: Hj Ibrahim, Badruddin
Published: (2017)

Utilization of zakat fund for social development: reading from Islamic wealth management perspective
by: Zakariyah, Habeebullah, et al.
Published: (2019)

Service quality of Islamic banks: a cultural perspective
by: Mohd Hanafi, Siti Nurul Izzati, et al.
Published: (2020)

Efficiency and productivity performance of zakat funds in Algeria
by: Djaghballou, Chams-Eddine, et al.
Published: (2018)

Understanding the motivation to invest: a profile analysis of Islamic funds' investors
by: Barom, Mohd Nizam
Published: (2019)

Islamic fund & wealth management: a way forward
by: Haron, Razali, et al.
Published: (2019)

Succession involving wealth from unlawful sources under Islamic law of inheritance
by: Hj Ibrahim, Badruddin
Published: (2018)

Viability of Crowd funding as an Alternative Funding Mechanism for Youth Entrepreneurs
by: Salim, Munirah, et al.
Published: (2019)

Raising fund for waqf land development via Islamic Real Estate Investment Trust (iREIT)
by: Che Embi, Nor Azizan, et al.
Published: (2013)

Book Excerpt: Islamic fund and wealth management: a way forward
by: Haron, Razali, et al.
Published: (2019)

Assessment of the global financial crisis: special remedies from the shari’ah perspective
by: Adam Sa'ad, Auwal, et al.
Published: (2019)

Growth and value effect on Jakarta Islamic Index: analysis towards performance of Sharia equity mutual fund
by: Rusmita, Sylva Alif, et al.
Published: (2019)

Exploring The Fatwa methodology of committee of The National Council for Islamic Affairs: Case of ASB Trust Fund
by: Sitiris, Miszairi, et al.
Published: (2020)

A Study on Monetization (Tawatuq) from the perspective of Bank Negara Malaysia and AAOIFI Standards: Malaysian Practice
by: Abdurrahim, Muhammad Najib, et al.
Published: (2018)

How does values-based banking counter unfair terms in consumer contracts and notices in Islamic banks in Malaysia?
by: Abu Bakar, Noor Mahinar, et al.
Published: (2017)

Adoption of financial technology in Islamic crowd-funding: predicting small and medium-sized enterprises’ intention to use the investment account platform
by: Md Husin, Maizaitulaidawati, et al.
Published: (2019)

Combating money laundering and terrorism financing: perspectives from maqasid al-shariah
by: Raja Alias, Raja Madihah, et al.
Published: (2019)

Bank performance and shari’ah supervisory board attributes by Islamic banks: Does bank size matter?
by: Nomran, Naji Mansour, et al.
Published: (2017)

Towards banking jurisprudence: Understanding Islamic banking products in Malaysia
by: Mohd Yunus, Saidatolakma, et al.
Published: (2017)

Social responsibilities of Islamic banks case study of bank Islam Malaysia Bhd & Bank Muamalat Malaysia Bhd
by: Musa, Muhammad Adli
Published: (2016)

Issues on Islamic banks’ Nostro accounts
by: Syed Alwi, Sharifah Faigah, et al.
Published: (2013)

Enhancing Islamic banking and finance in Southeast Asia through the application of artificial intelligence: An exploration of banking's best practices
by: Mohd. Zain, Nor Razinah, et al.
Published: (2019)

The role of financial regulator in protecting bank consumers from unfair contract terms: the case of Malaysian Islamic banks
by: Abu Bakar, Noor Mahinar, et al.
Published: (2019)

Interview with Shariah supervisors in Malaysian Islamic banks
by: Uddin, Mohi, et al.
Published: (2017)

Islamic banking business of conventional banks: transition from windows to Islamic subsidiaries
by: Ramadili Mohd, Shamsher Mohamad, et al.
Published: (2017)

Reporting of profit sharing investment account in financial statement of Islamic banking institution
by: Rosman, Romzie, et al.
Published: (2019)

Measuring bank stability: a comparative analysis between Islamic and conventional banks in Malaysia
by: Abdul Karim, Norzitah, et al.
Published: (2018)

Methodology on the trend of underlying shariah contracts and legal disputes of decided Islamic banking cases in Malaysia
by: Ahmad Pauzi, Nur Faakihin, et al.
Published: (2019)

Exploring the challenges of conventional banking practices and prospects of introducing an Islamic banking in Tajikistan: using qualitative approach
by: Ashurov, Sharofiddin, et al.
Published: (2018)

Islamic banks and money laundering in Malaysia: a legal compliance perspective
by: Mohd Yasin, Norhashimah, et al.
Published: (2019)

Comparative analysis on the financial performance of Islamic and conventional banks in Malaysia
by: Ahmed Sulub, Yasin, et al.
Published: (2018)

Empowering Islamic social finance through zakat fund in realization of sustainable development goals SDGS وظيف التمويل االجتماعي اإلسالمي من خالل الزكاة في تحقيق أهداف التنمية المستدامة:
by: Zakariyah, Habeebullah
Published: (2019)

Legal and regulatory framework of Islamic banking in Libya
by: Belal, Zainab, et al.
Published: (2018)