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Islamic Banking

Islamic Banking

One of the first decisions Tun Dr Mahathir made when he became prime minister was to look into the possibility of setting up Islamic banking. Tan Sri Nor Mohamed Yakcop wrote a paper “The Establishment of Islamic Banking in Malaysia” in 1981 and by 1983, Bank Islam Malaysia was established. He credits Dr M for having the bravery to implement Islamic banking in Malaysia.

Islamic Banking

 

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