Professional Documents
Culture Documents
BANKING MARKET
02/06/09 1
WBS3043 Islamic Banking Management
1. Discount Houses
• Discount houses began operations in
since 1963. Generally, the discount
houses specialize in short term
money market operations and
mobilize deposits from the financial
institutions and corporations in the
form of money at call, overnight
money and short term deposits.
WBS3043 Islamic Banking Management
FINANCIAL MARKET
The Financial Market mainly comprises
2.MONEY MARKET
• Avenue for the channeling of short
term funds with maturities typically
not exceeding 12 month.
• It provides a ready source of funds for
market participants facing temporary
shortfalls in funding, while at the
same time, providing short term
investment outlets for those with
temporary surplus funds.
WBS3043 Islamic Banking Management
4) CAPITAL MARKET
7. OFFSHORE MARKET
It is a new addition to the financial
landscape It provides a wide range of
offshore products including banking,
insurance, trust business, fund
management, investment holding, Islamic
financing and company management
services.
WBS3043 Islamic Banking Management
SECURITIES COMMISSION
The Securities Commission is a statutory body assign
with the responsibility of regulating and systematically
developing country’s capital markets.
It has direct responsibility in supervising & monitoring
activities of market institutions & regulating all persons
licensed under the Securities Industry Act and Futures
Industry Act.
•To act as a single regulatory body to promote the
development of capital markets;
•To take responsibility for streamlining the regulations
of the securities market, and for speeding up the
processing and approval of corporate transactions.
WBS3043 Islamic Banking Management
FINANCIAL REGULATION
Among the main regulations and guidelines
issued by the authorities to govern the financial
system in Malaysia are:-
1. Banking and Company Ordinance
2. Insurance Act
3. Anti-Money Laundering
WBS3043 Islamic Banking Management
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WBS3043 Islamic Banking Management
•Reporting obligations