| The Malaysian government has codified in law the duality of its banking system — an Islamic financial system operating-side-by-side with a conventional banking system — cooperating but not inter-acting.
Malaysia is the first country to go this way although the Dual Banking Model which Kuala Lumpur first introduced unofficially in 1983 has been followed by many countries including Bahrain, Qatar, the UAE, Pakistan, Indonesia, Turkey Brunei and Bangladesh...............................................Full Article: Source
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