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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Main Authors: Hanudin Amin, Mohd Zulkifli Muhammad, Suddin Lada, Airulamri Amran, Mohamad Rizal Abdul Hamid
Format: Article
Language:English
Published: Universiti Sains Islam Malaysia 2012
Subjects:
Online Access:http://ddms.usim.edu.my/handle/123456789/5309
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spelling 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
institution Universiti Sains Islam Malaysia
building USIM Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universit Sains Islam i Malaysia
content_source USIM Institutional Repository
url_provider http://ddms.usim.edu.my/
language English
topic Islamic bank
BIMP-EAGA
Cooperation
spellingShingle 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
score 13.222552