LEADER 03680nam 2200613Ia 450 001 9910452605003321 005 20200520144314.0 010 $a1-4755-4118-X 010 $a1-4755-6020-6 035 $a(CKB)2550000000107557 035 $a(EBL)1606784 035 $a(SSID)ssj0000944129 035 $a(PQKBManifestationID)11560554 035 $a(PQKBTitleCode)TC0000944129 035 $a(PQKBWorkID)10982382 035 $a(PQKB)10174875 035 $a(MiAaPQ)EBC1606784 035 $a(Au-PeEL)EBL1606784 035 $a(CaPaEBR)ebr10579643 035 $a(OCoLC)794992376 035 $a(EXLCZ)992550000000107557 100 $a20111102d2012 uy 0 101 0 $aeng 135 $aurcn||||||||| 181 $ctxt 182 $cc 183 $acr 200 10$aWhat's in It for me?$b[electronic resource] $ea primer on differences between Islamic and conventional finance in Malaysia /$fOlga Krasicka and Sylwia Nowak 210 $aWashington, D.C. $cInternational Monetary Fund$dc2012 215 $a1 online resource (23 p.) 225 1 $aIMF working paper ;$v12/151 300 $aDescription based upon print version of record. 311 $a1-4755-0969-3 311 $a1-4755-0422-5 320 $aIncludes bibliographical references. 327 $aCover; 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 Performance 327 $a7. 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 Classification 327 $a13. Malaysia: Capital, Reserves, and Total Deposits14. Malaysia: Deposit Classification by Holder; V. Policy Implications and Conclusions; References 330 $aWhat attracts conventional investors to Islamic financial instruments? We answer this question by comparing Malaysian Islamic and conventional security prices and their response to macrofinancial factors. Our analysis suggests that Islamic and conventional bond and equity prices are driven by common factors. Likewise, especially in recent years, Islamic banks have responded to economic and financial shocks in the same way as conventional banks, suggesting that the gap between Islamic and conventional financial practices is shrinking. 410 0$aIMF working paper ;$v12/151. 606 $aInvestments$zIslamic countries 606 $aInvestments, Foreign$zIslamic countries 608 $aElectronic books. 615 0$aInvestments 615 0$aInvestments, Foreign 700 $aKrasicka$b Olga$0923461 701 $aNowak$b Sylwia$0923462 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910452605003321 996 $aWhat's in It for me$92072301 997 $aUNINA