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The modern sector of the economy is dominated by conventional economic principles, to some extent a legacy of Malaysia's western colonial experience. It is thus fortunate that in Malaysia. the possers that be have done much to develop an Islamic financial system in the capital markets as well as in banking.
No doubt the public perception of an Islamic financial system had been uncertain, but as the system became increasingly popular over the years, one can see more conventional financial institutions that are providing Islamic financial services.