Islamic Banking Development in Bimpeaga Countries: Issues and Potential Cooperation
This study analyses the Islamic banking system development in BIMP-EAGA countries since 1983. An analytical method of comparative study is employed for Brunei, Indonesia, Malaysia and Indonesia to verify the discrepancy of the countries in terms of Islamic banks. In Bruei, the evidence suggests...
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2012
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my.usim-53092015-03-02T02:33:58Z Islamic Banking Development in Bimpeaga Countries: Issues and Potential Cooperation Hanudin Amin Mohd Zulkifli Muhammad Suddin Lada Airulamri Amran Mohamad Rizal Abdul Hamid Islamic bank BIMP-EAGA Cooperation This study analyses the Islamic banking system development in BIMP-EAGA countries since 1983. An analytical method of comparative study is employed for Brunei, Indonesia, Malaysia and Indonesia to verify the discrepancy of the countries in terms of Islamic banks. In Bruei, the evidence suggests that Sultan Haji Hassanah Bolkiah Mu'izzaddin Waddaulah is committed to inease the number of Islamic banks since 1990s. The evidence from Indonesia suggests that the development of Islamic banks has showed significant progress due to long term plannig by Bank Indonesia (BI) to increase Islamic bank role at national economy. Similarly, the evidence from Malaysia sugqests that Islamic banking development involves an active systematic growth due to the commitment from the government. Unlike in Philippines, Islamic banking system is underperformed due to the passive programs carried by the goverment unlikely to construct it as a national policy. Positive reforms by creating a number of assistances between countries may possible to minimize those gaps. 2012-02-20T02:09:11Z 2012-02-20T02:09:11Z 2006 Article 1823075X http://ddms.usim.edu.my/handle/123456789/5309 en vol.3 no.1 2006; Universiti Sains Islam Malaysia |
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Islamic bank BIMP-EAGA Cooperation Hanudin Amin Mohd Zulkifli Muhammad Suddin Lada Airulamri Amran Mohamad Rizal Abdul Hamid Islamic Banking Development in Bimpeaga Countries: Issues and Potential Cooperation |
description |
This study analyses the Islamic banking system development in BIMP-EAGA
countries since 1983. An analytical method of comparative study
is employed for Brunei, Indonesia, Malaysia and Indonesia to verify the
discrepancy of the countries in terms of Islamic banks. In Bruei, the
evidence suggests that Sultan Haji Hassanah Bolkiah Mu'izzaddin Waddaulah
is committed to inease the number of Islamic banks since 1990s. The
evidence from Indonesia suggests that the development of Islamic banks
has showed significant progress due to long term plannig by Bank
Indonesia (BI) to increase Islamic bank role at national economy.
Similarly, the evidence from Malaysia sugqests that Islamic banking
development involves an active systematic growth due to the
commitment from the government. Unlike in Philippines, Islamic
banking system is underperformed due to the passive programs carried
by the goverment unlikely to construct it as a national policy. Positive
reforms by creating a number of assistances between countries may
possible to minimize those gaps. |
format |
Article |
author |
Hanudin Amin Mohd Zulkifli Muhammad Suddin Lada Airulamri Amran Mohamad Rizal Abdul Hamid |
author_facet |
Hanudin Amin Mohd Zulkifli Muhammad Suddin Lada Airulamri Amran Mohamad Rizal Abdul Hamid |
author_sort |
Hanudin Amin |
title |
Islamic Banking Development in Bimpeaga Countries: Issues and Potential Cooperation |
title_short |
Islamic Banking Development in Bimpeaga Countries: Issues and Potential Cooperation |
title_full |
Islamic Banking Development in Bimpeaga Countries: Issues and Potential Cooperation |
title_fullStr |
Islamic Banking Development in Bimpeaga Countries: Issues and Potential Cooperation |
title_full_unstemmed |
Islamic Banking Development in Bimpeaga Countries: Issues and Potential Cooperation |
title_sort |
islamic banking development in bimpeaga countries: issues and potential cooperation |
publisher |
Universiti Sains Islam Malaysia |
publishDate |
2012 |
url |
http://ddms.usim.edu.my/handle/123456789/5309 |
_version_ |
1645151640546705408 |
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13.222552 |