The need for the establishment of a securities market


October 1, 2015
The need for the establishment of a securities market
Dr. Zerzar Al-Ayyashi

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Issue

In the twentieth century, some important experiences in Islamic economic evolution had been implemented and presented an important role in establishing Islamic banks as well as the conversion of some traditional banks towards applying Islamic banking theory. Some Islamic countries, tended towards Islamizing their financial and banking systems, such as Malaysia, which considered as the world leader in establishing the first real Islamic capital market that was considered as a nucleus for the spread of its effects in other Islamic countries.

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