Effecting structural development in the Malaysian islamic banking sector using conventional banking models
To a notable extent, one of the main causes of renewed interest in Islamic Social Finance has been the academia’s disillusionment with the contemporary Islamic Banking and Finance (IBF) sector’s ability to break free of the conventional banking system. IBF has developed into a financial system that...
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| Format: | Proceeding Paper |
| Language: | English English English |
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2019
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| Online Access: | http://irep.iium.edu.my/79236/ http://irep.iium.edu.my/79236/1/RIASATAMIN2019_ICBIID2019_EFFECTING%20STRUCTURAL%20DEVELOPMENT%20IN%20THE%20MALAYSIAN%20ISLAMIC%20BANKING%20SECTOR%20USING%20CONVENTIONAL%20BANKING%20MODELS.pdf http://irep.iium.edu.my/79236/7/ICBIID%202019%20program%20schedule.pdf http://irep.iium.edu.my/79236/13/ICBIID-19-Invitation%20Letter%20to%20Dr.%20Riasat%20Amin%20to%20Present%20at%20Conference.pdf |
| _version_ | 1848788739862560768 |
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| author | Imon, Riasat Amin |
| author_facet | Imon, Riasat Amin |
| author_sort | Imon, Riasat Amin |
| building | IIUM Repository |
| collection | Online Access |
| description | To a notable extent, one of the main causes of renewed interest in Islamic Social Finance has been the academia’s disillusionment with the contemporary Islamic Banking and Finance (IBF) sector’s ability to break free of the conventional banking system. IBF has developed into a financial system that mirrors conventional financial practices and values, albeit with Shariah compliance. Using the Malaysian Islamic banking system as a basis, this paper makes use of extant literature and a systemic perspective to categorically identify the systemic reasons for IBF’s structural development, and further proposes a practical means for achieving pointed, systemic and inclusive (stakeholder-oriented) development that has been sought in IBF. Furthermore, its propositions are grounded in a tried and tested model of conventional banking. The implications of this research are as straightforward as they are significant; that by looking at IBF development theory from a more systemic and practical perspective, there are still means to develop IBF according to its original founding values. |
| first_indexed | 2025-11-14T17:45:37Z |
| format | Proceeding Paper |
| id | iium-79236 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English English English |
| last_indexed | 2025-11-14T17:45:37Z |
| publishDate | 2019 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-792362021-01-13T23:54:28Z http://irep.iium.edu.my/79236/ Effecting structural development in the Malaysian islamic banking sector using conventional banking models Imon, Riasat Amin BPH Islamic Economics BPH186.4 Bay' Al-Dayn - Debt Financing HB Economic Theory HB126.4 Islamic Economics HG Finance HG1501 Banking HG3368 Islamic Banking and Finance To a notable extent, one of the main causes of renewed interest in Islamic Social Finance has been the academia’s disillusionment with the contemporary Islamic Banking and Finance (IBF) sector’s ability to break free of the conventional banking system. IBF has developed into a financial system that mirrors conventional financial practices and values, albeit with Shariah compliance. Using the Malaysian Islamic banking system as a basis, this paper makes use of extant literature and a systemic perspective to categorically identify the systemic reasons for IBF’s structural development, and further proposes a practical means for achieving pointed, systemic and inclusive (stakeholder-oriented) development that has been sought in IBF. Furthermore, its propositions are grounded in a tried and tested model of conventional banking. The implications of this research are as straightforward as they are significant; that by looking at IBF development theory from a more systemic and practical perspective, there are still means to develop IBF according to its original founding values. 2019-10-26 Proceeding Paper NonPeerReviewed application/pdf en http://irep.iium.edu.my/79236/1/RIASATAMIN2019_ICBIID2019_EFFECTING%20STRUCTURAL%20DEVELOPMENT%20IN%20THE%20MALAYSIAN%20ISLAMIC%20BANKING%20SECTOR%20USING%20CONVENTIONAL%20BANKING%20MODELS.pdf application/pdf en http://irep.iium.edu.my/79236/7/ICBIID%202019%20program%20schedule.pdf application/pdf en http://irep.iium.edu.my/79236/13/ICBIID-19-Invitation%20Letter%20to%20Dr.%20Riasat%20Amin%20to%20Present%20at%20Conference.pdf Imon, Riasat Amin (2019) Effecting structural development in the Malaysian islamic banking sector using conventional banking models. In: International Conference on Business Innovation for Inclusive Development (ICBIID 2019), Kumira, Chattogram, Bangladesh. (Unpublished) |
| spellingShingle | BPH Islamic Economics BPH186.4 Bay' Al-Dayn - Debt Financing HB Economic Theory HB126.4 Islamic Economics HG Finance HG1501 Banking HG3368 Islamic Banking and Finance Imon, Riasat Amin Effecting structural development in the Malaysian islamic banking sector using conventional banking models |
| title | Effecting structural development in the Malaysian islamic banking sector using conventional banking models |
| title_full | Effecting structural development in the Malaysian islamic banking sector using conventional banking models |
| title_fullStr | Effecting structural development in the Malaysian islamic banking sector using conventional banking models |
| title_full_unstemmed | Effecting structural development in the Malaysian islamic banking sector using conventional banking models |
| title_short | Effecting structural development in the Malaysian islamic banking sector using conventional banking models |
| title_sort | effecting structural development in the malaysian islamic banking sector using conventional banking models |
| topic | BPH Islamic Economics BPH186.4 Bay' Al-Dayn - Debt Financing HB Economic Theory HB126.4 Islamic Economics HG Finance HG1501 Banking HG3368 Islamic Banking and Finance |
| url | http://irep.iium.edu.my/79236/ http://irep.iium.edu.my/79236/1/RIASATAMIN2019_ICBIID2019_EFFECTING%20STRUCTURAL%20DEVELOPMENT%20IN%20THE%20MALAYSIAN%20ISLAMIC%20BANKING%20SECTOR%20USING%20CONVENTIONAL%20BANKING%20MODELS.pdf http://irep.iium.edu.my/79236/7/ICBIID%202019%20program%20schedule.pdf http://irep.iium.edu.my/79236/13/ICBIID-19-Invitation%20Letter%20to%20Dr.%20Riasat%20Amin%20to%20Present%20at%20Conference.pdf |