A Review of Islamic Banks Financing in Malaysia
This study aims to investigate the financing behavior of Islamic banks in Malaysia by examining the concepts, types, purposes, and sectors of financing that Islamic banks provide. How Islamic banks behave, whether they are full-fledged Islamic banks or subsidiaries, is also examined. In addition, th...
Published in: | Malaysian Journal of Consumer and Family Economics |
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Language: | English |
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Malaysian Consumer and Family Economics Association
2023
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Online Access: | https://www.scopus.com/inward/record.uri?eid=2-s2.0-85178482902&doi=10.60016%2fmajcafe.v31.18&partnerID=40&md5=7ca730dbf50aa0e4e319b50e26771d7b |
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2-s2.0-85178482902 Daud M.A.M.; Sukor M.E.A.; Musa M.A.; Abarahan A.S.; Jusoh W.N.H.W. A Review of Islamic Banks Financing in Malaysia 2023 Malaysian Journal of Consumer and Family Economics 31 10.60016/majcafe.v31.18 https://www.scopus.com/inward/record.uri?eid=2-s2.0-85178482902&doi=10.60016%2fmajcafe.v31.18&partnerID=40&md5=7ca730dbf50aa0e4e319b50e26771d7b This study aims to investigate the financing behavior of Islamic banks in Malaysia by examining the concepts, types, purposes, and sectors of financing that Islamic banks provide. How Islamic banks behave, whether they are full-fledged Islamic banks or subsidiaries, is also examined. In addition, this study also explores the ethicality of providing non-productive financing. This study utilizes data from Bank Negara Malaysia, along with annual reports of individual Islamic banks in Malaysia. The findings indicate that the financing behavior of Islamic banks is nearly identical to those of their conventional counterparts, in which debt-based financing instruments are widely employed, and that the allocation of financing is predominantly for activities that can be deemed as non-productive. This study contributes to the discourse on financial ethics concerning the financing behavior of Islamic banks, which is currently quite limited. It is anticipated that this research would potentially initiate more discussions on the ethicality of Islamic banks and improve current practices. © 2018 Malaysian Consumer and Family Economics Association (MACFEA). Malaysian Consumer and Family Economics Association 15112802 English Article All Open Access; Bronze Open Access |
author |
Daud M.A.M.; Sukor M.E.A.; Musa M.A.; Abarahan A.S.; Jusoh W.N.H.W. |
spellingShingle |
Daud M.A.M.; Sukor M.E.A.; Musa M.A.; Abarahan A.S.; Jusoh W.N.H.W. A Review of Islamic Banks Financing in Malaysia |
author_facet |
Daud M.A.M.; Sukor M.E.A.; Musa M.A.; Abarahan A.S.; Jusoh W.N.H.W. |
author_sort |
Daud M.A.M.; Sukor M.E.A.; Musa M.A.; Abarahan A.S.; Jusoh W.N.H.W. |
title |
A Review of Islamic Banks Financing in Malaysia |
title_short |
A Review of Islamic Banks Financing in Malaysia |
title_full |
A Review of Islamic Banks Financing in Malaysia |
title_fullStr |
A Review of Islamic Banks Financing in Malaysia |
title_full_unstemmed |
A Review of Islamic Banks Financing in Malaysia |
title_sort |
A Review of Islamic Banks Financing in Malaysia |
publishDate |
2023 |
container_title |
Malaysian Journal of Consumer and Family Economics |
container_volume |
31 |
container_issue |
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doi_str_mv |
10.60016/majcafe.v31.18 |
url |
https://www.scopus.com/inward/record.uri?eid=2-s2.0-85178482902&doi=10.60016%2fmajcafe.v31.18&partnerID=40&md5=7ca730dbf50aa0e4e319b50e26771d7b |
description |
This study aims to investigate the financing behavior of Islamic banks in Malaysia by examining the concepts, types, purposes, and sectors of financing that Islamic banks provide. How Islamic banks behave, whether they are full-fledged Islamic banks or subsidiaries, is also examined. In addition, this study also explores the ethicality of providing non-productive financing. This study utilizes data from Bank Negara Malaysia, along with annual reports of individual Islamic banks in Malaysia. The findings indicate that the financing behavior of Islamic banks is nearly identical to those of their conventional counterparts, in which debt-based financing instruments are widely employed, and that the allocation of financing is predominantly for activities that can be deemed as non-productive. This study contributes to the discourse on financial ethics concerning the financing behavior of Islamic banks, which is currently quite limited. It is anticipated that this research would potentially initiate more discussions on the ethicality of Islamic banks and improve current practices. © 2018 Malaysian Consumer and Family Economics Association (MACFEA). |
publisher |
Malaysian Consumer and Family Economics Association |
issn |
15112802 |
language |
English |
format |
Article |
accesstype |
All Open Access; Bronze Open Access |
record_format |
scopus |
collection |
Scopus |
_version_ |
1809678476596215808 |