مجلة الإقتصاد الجديد
Volume 9, Numéro 3, Pages 92-114
2018-09-23

Malaysian Experience In The Islamic Banking Industry: Reality And Challenges

Authors : Ahmed Medani .

Abstract

For the past five years, Malaysia's Islamic banking industry has experienced rapid growth rates of more than 15% per annum in total assets since 2011. In 2015, Malaysia's total banking finance assets reached 685.39 billion ringgit, representing 26.8% of total global Islamic banking assets, Behind Iran and Saudi Arabia. And raising awareness of the Islamic banking industry in Malaysia to a very acceptable level and general acceptance of the industry's products of assets, deposits and financing, the Islamic banking market has acquired about 30% -32.1% of the total Malaysian banking market, including the traditional monopoly sector of the market.. Nevertheless, the industry has great prospects and competitive in the face of the many challenges in Malaysia.

Keywords

Islamic banking industry ; reality ; challenges ; Malaysia