Document Details

Document Type : Article In Conference 
Document Title :
Malaysian Experiences on The Development of Islamic Economics, Banking And Finance
تجارب ماليزيا في تطور الاقتصاد والصيرفة والتمويل الإسلامي
 
Subject : Malaysian Experiences on The Development of Islamic Economics, Banking And Finance 
Document Language : English 
Abstract : Within 50 years experiences, with various policy plans, Malaysia managed to reach the world's top-tenth fastest growing economy in 1970-1990 with hard efforts to meet her target of becoming an Industrial country by the year 2020. Within the policies of New Economic Policy (NEP), Assimilation of Islamic Values (AIV), Islamic Consultative Body (ICB), National Development Plan (NDP), National Vision Plan (NVP), and Islamic Hadhari (IH) approach, Malaysia has implicitly included the Islamic Principles, particularly Islamic Economics, Banking and Finance. In terms of implementation of the policies, Malaysia has established 2 main institutions: One for the banking sector, Bank Islam Malaysia Berhad, and the other one for the educational sector, International Islamic University Malaysia. In addition, Lembaga Urusan dan Tabong Haji (LUTH), Center of Zakat Collection (CZC/PPZ) and Baitul Mal, Yayasan Pembangunan Ekonomi Islam Malaysia (YPEIM) are complementary institutions to support the Islamic economic development in the country. The last policy introduced by Malaysian government was Islamic Hadhari (IH) or Towards a Progressive Islamic Civilization. This approach aims at returning Muslims to the true teachings of Islam in every aspects of life. This paper sheds light on these developments to draw lessons for other OIC member countries to adopt the relevant policies suitable for their particular geographical and cultural needs. 
Conference Name : 7th International Conference on Islamic Economics 
Duration : From : 24-3-1429 AH - To : 26-3-1429 AH
From : 1-3-2008 AD - To : 3-3-2008 AD 
Publishing Year : 1429 AH
2008 AD 
Number Of Pages : 14 
Article Type : Article 
Conference Place : King Abdulaziz University, Jeddah 
Organizing Body : Islamic Economics Research Center 
Added Date : Thursday, July 1, 2010 

Researchers

Researcher Name (Arabic)Researcher Name (English)Researcher TypeDr GradeEmail
وان سليمان وان يوسف الفطانيAlfattani, Wan Sulaiman Wan YusoffResearcherDoctorate 

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