Islamic banking in Malaysia: its legal provision and judicial decisions
The practice of Islamic Banking in Malaysia got its first momentum with the establishment of Bank Islam Malaysia Berhad in the early 1980s when the Muslims by and large felt of the need to have an Islamic Bank. By 1990s onward, there were increasing demands for Islamic Banking services and products...
| Main Authors: | , |
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| Format: | Proceeding Paper |
| Language: | English |
| Published: |
2005
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/8806/ http://irep.iium.edu.my/8806/1/2005_-_Islamic_banking_in_Malaysia-_its_legal_provision_and_judicial_decisions.pdf |
| _version_ | 1848777067166957568 |
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| author | Md. Dahlan, Nuarrual Hilal Kamarudin, Abdul Rani |
| author_facet | Md. Dahlan, Nuarrual Hilal Kamarudin, Abdul Rani |
| author_sort | Md. Dahlan, Nuarrual Hilal |
| building | IIUM Repository |
| collection | Online Access |
| description | The practice of Islamic Banking in Malaysia got its first momentum with the establishment of Bank Islam Malaysia Berhad in the early 1980s when the Muslims by and large felt of the need to have an Islamic Bank. By 1990s onward, there were increasing demands for Islamic Banking services and products as the understanding, knowledge and Islamic awareness and renaisance among the Malaysian population increase. In this respect, other conventional banks have also formed their own Islamic Banking Department, providing similar products to meet these demands. This paper will highlight relevant laws in so far as Islamic Banking in Malaysia concerned and attempt to study the case law which have hitherto been decided in Malaysian Courts involving Islamic Banking. Through this paper also legal scenarios and facts on Islamic Banking in Malaysia would be disseminated to others who intend to establish similar establishment and that certain problems could be addressed and certain suggestions could be forwarded to addressed the same. |
| first_indexed | 2025-11-14T14:40:05Z |
| format | Proceeding Paper |
| id | iium-8806 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T14:40:05Z |
| publishDate | 2005 |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-88062011-12-20T12:17:09Z http://irep.iium.edu.my/8806/ Islamic banking in Malaysia: its legal provision and judicial decisions Md. Dahlan, Nuarrual Hilal Kamarudin, Abdul Rani K Law (General) KBP Islamic Law KBP15 Congresses. Conferences KPG Malaysia The practice of Islamic Banking in Malaysia got its first momentum with the establishment of Bank Islam Malaysia Berhad in the early 1980s when the Muslims by and large felt of the need to have an Islamic Bank. By 1990s onward, there were increasing demands for Islamic Banking services and products as the understanding, knowledge and Islamic awareness and renaisance among the Malaysian population increase. In this respect, other conventional banks have also formed their own Islamic Banking Department, providing similar products to meet these demands. This paper will highlight relevant laws in so far as Islamic Banking in Malaysia concerned and attempt to study the case law which have hitherto been decided in Malaysian Courts involving Islamic Banking. Through this paper also legal scenarios and facts on Islamic Banking in Malaysia would be disseminated to others who intend to establish similar establishment and that certain problems could be addressed and certain suggestions could be forwarded to addressed the same. 2005 Proceeding Paper PeerReviewed application/pdf en http://irep.iium.edu.my/8806/1/2005_-_Islamic_banking_in_Malaysia-_its_legal_provision_and_judicial_decisions.pdf Md. Dahlan, Nuarrual Hilal and Kamarudin, Abdul Rani (2005) Islamic banking in Malaysia: its legal provision and judicial decisions. In: Prosiding Persidangan Kebangsaan Ke-2 Pusat Pengajian Sosial, Pembangunan dan Persekitaran, 5-6 September 2005, Universiti Kebangsaan Malaysia, Bangi, Selangor. |
| spellingShingle | K Law (General) KBP Islamic Law KBP15 Congresses. Conferences KPG Malaysia Md. Dahlan, Nuarrual Hilal Kamarudin, Abdul Rani Islamic banking in Malaysia: its legal provision and judicial decisions |
| title | Islamic banking in Malaysia: its legal provision and judicial decisions |
| title_full | Islamic banking in Malaysia: its legal provision and judicial decisions |
| title_fullStr | Islamic banking in Malaysia: its legal provision and judicial decisions |
| title_full_unstemmed | Islamic banking in Malaysia: its legal provision and judicial decisions |
| title_short | Islamic banking in Malaysia: its legal provision and judicial decisions |
| title_sort | islamic banking in malaysia: its legal provision and judicial decisions |
| topic | K Law (General) KBP Islamic Law KBP15 Congresses. Conferences KPG Malaysia |
| url | http://irep.iium.edu.my/8806/ http://irep.iium.edu.my/8806/1/2005_-_Islamic_banking_in_Malaysia-_its_legal_provision_and_judicial_decisions.pdf |