![]() Indonesia has become the best system in Southeast Asia with 33% share of profit Paradigms, i.e.: 1) Market driven 2) Fair treatment 3) Gradual and sustainableĪpproach and 4) Comply to Sharia principles. Meanwhile, the strategy adopted by Indonesia focused on four The Islamic financial system in Malaysia has evolved as a viable andĬompetitive component of the overall financial system with 9% share of banking Implementing pragmatic and gradual developmental approach directed by the ![]() The strategy adopted by Malaysia has been to develop a comprehensive Islamicįinancial system that operates in parallel with the conventional system by (madzhab) 3) Legal framework and 4) Development approach. System of the country 2) Adhearance to a certain Sharia school of thought Specific characteristics due to different environment, such as: 1) The economic However, Islamic banking in one country may have some different or ![]() The uniqueness of Islamic banking operation, such as the products and services Islamic banking in any country has some general similar characteistics that show
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