Inception and matters of Islamic banking systems in Malaysia

This conceptual paper describes the insight held of the Islamic banking theory and its issues which is discussed from the perspective of Islamic Banking. The Islamic banking sector had making a wave in the developing a products and services persuading into warship to Allah SWT and therefore more researchers workout towards any clash items in order to improve this sectors. Many believed that return generated from investments in Islamic banking would far ahead better off conventional ones. Some issues to ponder perhaps the shariah law and legal perspective, riba and different school of thought may be discuss in this paper and it then will reveals the specifically the thought and arguments of various scholars in regards to this matters. This paper will contribute a new knowledge on the design of Islamic financial institutions laterally in Malaysia.