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Financial system
Funds Deposits/Shares
Financial Institutions
Funds
Suppliers of Funds
Funds
Private Placement
Funds Securities
Financial Markets
Funds Securities
Financial Institutions
Non-Bank Financial Intermediaries Money Market FOREX market Derivatives Market Capital Market Equities Market Bond Market
Financial Markets
A dual financial system with conventional and Islamic finance operating in parallel
Nonbank intermediaries =NBFI (provident and pension fund, insurance companies, unit trust, cagamas berhad, etc.)
Money Market
Capital Market
Marketable securities
Foreign Exchange
Cash Market
Derivative Market
Foreign Currencies
Primary Market
Secondary Market
Options
Futures
A private placement is the sale of new securities directly to an investor or a group of investors. Only institutional investors such as pension funds or insurance companies can afford to invest in private placements.
Is a market for securities (debt or equity), where business enterprises (companies) and governments can raise long-term funds (for periods longer than a year). Include components such as stock market, commodities exchanges, bond market, and any physical or virtual facility or medium where debt and equity securities can be bought or sold.
Cash market Derivative market
Is the market for a cash commodity or actual, as opposed to the market for its futures contract. Immediate satisfaction and transfer of ownership. May be classified as primary markets and secondary markets.
Is the market for securities/instruments, that get their value, or at least part of their value, from the value of another security. The underlier can come in many forms including, commodities, stocks, bonds, Interest rate or currency.
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Conventional Vs. Islamic financial system Islamic financial system operates strictly under Syariah principles. National Syariah Advisory Council was established (May 1997): Advising BNM pertaining to Islamic banking & insurance & Securities Commission on Islamic capital market
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