06567oam 22014414 450 991097176120332120250426110119.09781475541182147554118X97814755602061475560206(CKB)2550000000107557(EBL)1606784(SSID)ssj0000944129(PQKBManifestationID)11560554(PQKBTitleCode)TC0000944129(PQKBWorkID)10982382(PQKB)10174875(Au-PeEL)EBL1606784(CaPaEBR)ebr10579643(OCoLC)794992376(IMF)WPIEE2012151(IMF)WPIEA2012151(MiAaPQ)EBC1606784WPIEA2012151(EXLCZ)99255000000010755720020129d2012 uf 0engurcn|||||||||txtccrWhat’s in it for Me? A Primeron Differences between Islamic and Conventional Finance in Malaysia /Olga Krasicka, Sylwia Nowak1st ed.Washington, D.C. :International Monetary Fund,2012.1 online resource (23 p.)IMF Working PapersDescription based upon print version of record.9781475509694 1475509693 9781475504224 1475504225 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 countriesBankingimfBanks and BankingimfBanks and bankingimfBanksimfBondsimfDepository InstitutionsimfFinanceimfFinancial EconomicsimfFinancial Institutions and Services: Government Policy and RegulationimfFinancial institutionsimfFinancial InstrumentsimfFinancial Markets and the MacroeconomyimfFinancial services industryimfFinancial servicesimfGeneral Financial Markets: General (includes Measurement and Data)imfIndustries: Financial ServicesimfInstitutional InvestorsimfInternational Financial MarketsimfInvestment & securitiesimfInvestments: BondsimfInvestments: StocksimfIslamic Banking and FinanceimfIslamic bankingimfIslamic countriesimfIslamic financeimfMicro Finance InstitutionsimfMortgagesimfNon-bank Financial InstitutionsimfOther Economic Systems: Public EconomicsimfPension FundsimfStocksimfMalaysiaimfInvestmentsInvestments, ForeignBankingBanks and BankingBanks and bankingBanksBondsDepository InstitutionsFinanceFinancial EconomicsFinancial Institutions and Services: Government Policy and RegulationFinancial institutionsFinancial InstrumentsFinancial Markets and the MacroeconomyFinancial services industryFinancial servicesGeneral Financial Markets: General (includes Measurement and Data)Industries: Financial ServicesInstitutional InvestorsInternational Financial MarketsInvestment & securitiesInvestments: BondsInvestments: StocksIslamic Banking and FinanceIslamic bankingIslamic countriesIslamic financeMicro Finance InstitutionsMortgagesNon-bank Financial InstitutionsOther Economic Systems: Public EconomicsPension FundsStocks332.152Krasicka Olga1815852Nowak Sylwia1116335DcWaIMFBOOK9910971761203321What’s in it for Me? A Primeron Differences between Islamic and Conventional Finance in Malaysia4371384UNINA