06384oam 22013574 450 991077910460332120230802005515.01-4755-4118-X1-4755-6020-6(CKB)2550000000107557(EBL)1606784(SSID)ssj0000944129(PQKBManifestationID)11560554(PQKBTitleCode)TC0000944129(PQKBWorkID)10982382(PQKB)10174875(MiAaPQ)EBC1606784(Au-PeEL)EBL1606784(CaPaEBR)ebr10579643(OCoLC)794992376(IMF)WPIEE2012151(IMF)WPIEA2012151(EXLCZ)99255000000010755720020129d2012 uf 0engurcn|||||||||txtccrWhat’s in it for Me? A Primeron Differences between Islamic and Conventional Finance in Malaysia /Olga Krasicka, Sylwia NowakWashington, D.C. :International Monetary Fund,2012.1 online resource (23 p.)IMF Working PapersDescription based upon print version of record.1-4755-0969-3 1-4755-0422-5 Includes bibliographical references.Cover; Contents; I. Introduction; Figures; 1. Size of the Islamic Financial Services Industry; 2. Malaysia: Size of the Banking Sector; Boxes; 1. Malaysia: Developing the Islamic Finance Industry; 2. Malaysia: Islamic Finance Tax Incentives; II. Malaysia's Capital Markets and the Banking Sector: Stylized Facts; Tables; 1. Selected Asia: Bonds Outstanding in mid-2011; 3. Malaysia: Size of the Local Currency Bond Market; 4. Selected Asia: Foreign Holdings in Local Currency Government Bonds; 5. Malaysia: Size of the Islamic Bond Market; 6. Stock Market Performance7. Malaysia: Banking Sector Structure III. Islamic and Conventional Bonds and Stocks in Malaysia; 2. Malaysia: Size of the Banking Sector; 8. Malaysia: Monthly Bond Returns; 9. Malaysia: Monthly Equity Returns; 10. Malaysia: Contributions of Common Factors to Bond and Equity Returns; 11. Malaysia: Factor Loadings of the Common Economic Factor; 3. Malaysia: Empirical Analysis of Bond and Stock Returns; 4. Malaysia: Strength and Profitability of Islamic and Conventional Banks; IV. Are Islamic Banks Safer and More Profitable Than Conventional Banks; 12. Malaysia: Loan Classification13. Malaysia: Capital, Reserves, and Total Deposits14. Malaysia: Deposit Classification by Holder; V. Policy Implications and Conclusions; ReferencesWhat attracts conventional investors to Islamic financial instruments? We answer this question by comparing Malaysian Islamic and conventional security prices and their response to macrofinancial factors. Our analysis suggests that Islamic and conventional bond and equity prices are driven by common factors. Likewise, especially in recent years, Islamic banks have responded to economic and financial shocks in the same way as conventional banks, suggesting that the gap between Islamic and conventional financial practices is shrinking.IMF Working Papers; Working Paper ;No. 2012/151InvestmentsIslamic countriesInvestments, ForeignIslamic countriesBanks and BankingimfInvestments: BondsimfInvestments: StocksimfIslamic Banking and FinanceimfIndustries: Financial ServicesimfFinancial Markets and the MacroeconomyimfInternational Financial MarketsimfBanksimfDepository InstitutionsimfMicro Finance InstitutionsimfMortgagesimfOther Economic Systems: Public EconomicsimfFinancial EconomicsimfGeneral Financial Markets: General (includes Measurement and Data)imfPension FundsimfNon-bank Financial InstitutionsimfFinancial InstrumentsimfInstitutional InvestorsimfFinancial Institutions and Services: Government Policy and RegulationimfBankingimfInvestment & securitiesimfFinanceimfIslamic bankingimfIslamic financeimfBondsimfStocksimfFinancial servicesimfFinancial institutionsimfBanks and bankingimfIslamic countriesimfFinancial services industryimfMalaysiaimfInvestmentsInvestments, ForeignBanks and BankingInvestments: BondsInvestments: StocksIslamic Banking and FinanceIndustries: Financial ServicesFinancial Markets and the MacroeconomyInternational Financial MarketsBanksDepository InstitutionsMicro Finance InstitutionsMortgagesOther Economic Systems: Public EconomicsFinancial EconomicsGeneral Financial Markets: General (includes Measurement and Data)Pension FundsNon-bank Financial InstitutionsFinancial InstrumentsInstitutional InvestorsFinancial Institutions and Services: Government Policy and RegulationBankingInvestment & securitiesFinanceIslamic bankingIslamic financeBondsStocksFinancial servicesFinancial institutionsBanks and bankingIslamic countriesFinancial services industryKrasicka Olga1474682Nowak Sylwia1116335DcWaIMFBOOK9910779104603321What’s in it for Me? A Primeron Differences between Islamic and Conventional Finance in Malaysia3688471UNINA