and respected by all citizens. Rukun Negara is the Malaysian ideology. It aims to unite all races in a national ideology. It was declared at the 1970 Independence Day celebration in the aftermath of the May 13‚ 1969 disturbance and before the NEP was implemented. The objective of equitable distribution of wealth is stipulated in Rukun Negara and implemented through the NEP. The ultimate objective of the NEP is national unity as outlined in the Rukun Negara declaration i.e. “resolving to achieve
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Background of Bank Islam Malaysia Berhad (BIMB) Bank Islam‚ established in 1983‚ is Malaysia’s maiden Shariah-based institution. Since its inception‚ it has emerged as the symbol of Islamic banking in Malaysia and its vision to be “A Global Leader in Islamic Banking” illustrates the Bank’s status as the flag bearer of the country’s financial services industry (“the industry”). Bank Islam has been growing from strength to strength as evidenced by its financial performance and paid-up capital‚ which
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OPERATIONAL ASPECTS OF PT BANK MUAMALAT INDONESIA AS AN INTERNATIONAL ISLAMIC BANK IN MALAYSIA MOHD FODLI HAMZAH (Student ID: 0700539) PT BANK MUAMALAT INDONESIA‚ KUALA LUMPUR BRANCH 20th SEPTEMBER 2012 pg. 0 Abstract Among the Malaysia key Islamic Financial initiatives are the issuance of new license to foreign interest within the domestic Islamic financial institutions as well as International Islamic Banks and Takaful operators. The objectives are to establish Malaysia as a leading international
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perpaduan di kalangan rakyat Malaysia yang berbilang kaum‚ berteraskan beberapa nilai-nilai penting yang seharusnya menjadi amalan setiap rakyat Malaysia.” - Dato’ Sri Mohd Najib Bin Tun Hj Abd Razak Perdana Menteri Malaysia w w w. 1malaysia.c om.my KONSEP 1MALAYSIA 1Malaysia adalah satu gagasan bagi memupuk perpaduan di kalangan rakyat Malaysia yang berbilang kaum‚ berteraskan beberapa nilai-nilai penting yang seharusnya menjadi amalan setiap rakyat Malaysia. Ia bukan satu dasar baru yang
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IMPACTS OF MONETARY POLICY SHOCKS ON THE DOMESTIC AND FOREIGN BANKS IN MALAYSIA Salina Hj Kassim Turkhan Ali Abdul Manap Department of Economics Kulliyyah of Economics and Management Sciences International Islamic University Malaysia Jalan Gombak 53100 Kuala Lumpur ABSTRACT This study investigates the impact of monetary policy shocks on bank loans extended by local banks and foreign banks in Malaysia over the period from January 1991 to December 2006. It adopts the impulse response
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Malaysia – Quarterly Balance of Payment in 2010-2012 (RM Million) This report is focused on the analysis of Malaysia’s balance of payment for last six quarters (from Q3/2011 to Q3/2012). It will show the impact of balance of payment to economy or the financial crisis. The last part of this report will involve the summary and the forecast the Malaysia’s balance of payment in the future. Third quarter of 2011 Current account: the current account balance recorded a surplus of RM26.6 billion‚ an
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The Malaysian Economy in 2007 3 8 9 11 22 25 31 44 The International Economic Environment in 2007 Overview Domestic Demand Conditions Sectoral Review White Box: Development of a Vibrant and Sustainable Microfinance Industry Prices and Employment External Sector White Box: Development of Small and Medium Enterprises The Malaysian Economy in 2007 THE INTERNATIONAL ECONOMIC ENVIRONMENT IN 2007 Global growth was strong in 2007‚ driven by above-trend growth in most industrial economies and buoyant
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Malaysia Malaysia is a multiracial country. Malaysia is unique because it has diversity of races‚ cultures and religions. Although it has diverse races‚ they manage to live in idyllic and harmony way to avoid the happening of quarrel or fighting and to make their relationship far more harmonious between each other. Malaysia is a place that is safe because there is no disaster in this country because Malaysia is outside the Pacific Ring of Fire except flood is the disaster that often happens
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THE POWER OF ONE-THE CONCEPT OF ONE MALAYSIA One means undivided. One means unity and one means power. When there is unity there is power. Men try to gain power and glory and men knows that they cannot gain power and glory without unity. Men try to gain unity through many ways and history has shown us that most of the attempt to unite the people has failed. Men will unite when they have similarities and most great leaders of the past have tried to use the factor of race to unite the people. Genghis
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most influential leader of the country. I could assume my first thought is almost identical as anyone’s answer that is about the utilizing of multiracial status and all‚ but how could we really understand the uniqueness of a south east Asia country‚ Malaysia‚ to be different compared to other multiracial country too? My answer is “to lead 1malaysia publicize their basic‚ greatest asset splendidly‚ that is multiracial and placing unity the top priority” What really inspires me is what our beloved prime
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