This book, Historical Roots of Islamic Finance in Malaysia: From the Pre-Islamic Era until 1983, primarily aims at informing readers about the historical challenges and struggles that created the conditions for the appearance of Islamic finance in the Muslim world with particular emphasis on its development in Malaysia.The story of modern Islamic finance in Malaysia began 40 years ago with the establishment of the first Islamic bank, Bank Islam Malaysia Berhad. Although still a fairly new concept, it has made huge leaps and bounds in its development.The book offers a powerful narrative of the historical forces and visionary individuals and institutions behind the rise and establishment of Malaysia as the undisputed global hub for Islamic banking and finance. Malaysia, indeed, hosts one of the most progressive and comprehensive Islamic financial systems in the world.
