islamic financial market

what is the initiative taken by asean to incorporate islamic finance and ecosystem

• increase the number of ibf

• green bond

• promote awareness

which act are related with islamic finance in malaysia

• New Economic Policy

• Islamic Financial Services Act (IFSA) 2013

• Islamic Banking Act (IBA) 1983

• interest-free banking scheme’

what is Investment account platform IAP?

• medium for investor to find investment

• opportunity for small enterprise to gain capital

• for the development of real economy

• to increase the asset of government

which are the vital components of Malaysia’s Islamic Finance System

• governance

• professional service

• financial markets

• financial players

what is the example of institution that mainly focuses on offshore financial regulation

• Labuan Islamic Financial Services and Securities Act 2010

• Capital Market Services Act 2007

• Islamic Financial Services Act 2013

what is the function of IBFIM

• Shariah Advisories

• rating agency

• wealth management services

what is the function of the fund management sector

• to invest in long term product such as bond or sukuk

• active in the capital market

• specialise in investing capital

to conclude, does islamic finance achieve the ultimate objective of shariah

• ambiguous depend on the way the development is conceptualised

• no because the the inequality still rising

• yes because the muslim can use the halal financing