Islamic Banking and Finance in Malaysia : System , Issues and Challenges

Indeed, Islamic banking and finance is one of the components in Islamic financial sector that plays very vital role to generate the growth of economic, besides Islamic money market, capital market and takaful especially for Malaysian economy. On the other hand, Islamic banks can generate in halal activities, promote profit lost sharing, quest for justice, ethical and sanctify contract. Hence, Islamic bank is expected to run according to Shariah principles, mobilizing and utilizing the financial resources for the sake of Muslim ummah.