ANALYSIS OF THE FINANCIAL MARKET STATUS OF MALAYSIA, INDONESIA AND BANGLADESH WITH DUALISTIC FINANCIAL SYSTEMS
Abstract
This article analyzes the current state of the financial markets of countries such as Malaysia, Indonesia, and Bangladesh, which operate in a dualistic financial system by integrating the alternative financial system into the conventional financial system. In particular, this article focuses on a comparative analysis of the participation of Islamic and conventional banks in the financial markets of Malaysia, Indonesia, and Bangladesh, examining the state of financing of the production and service sectors, attracting investments, and other types of service activities. This study mainly uses a quantitative approach.
Keywords:
dualistic financial system Islamic finance Islamic banking Islamic window conventional finance Malaysia Indonesia BangladeshReferences
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