Chapter 2

Which countries had introduced 100% Islamic Banking system?

• Egypt & Dubai

• Sudan & Bahrain

• Iran & Sudan

• Egypt & Iran

National Steering Committee (NSC) has submitted their report to government on

• 1st July 1983

• 5th July 1983

• 10th July 1983

• 31st July 1983

Second Islamic bank establish in Malaysia is

• Bank Rakyat

• Bank Simpanan Nasional

• Bank Muamalat

• Maybank Islamic

In which year Dual Banking System was implemented in Malaysia?

• 1969

• 1983

• 1984

• 1993

The development of the Islamic financial system in Malaysia began in

• 1953

• 1963

• 1973

• 1983

1st Islamic banking establish in Egypt named

• Mit Ghamr Local Savings Bank

• Nazir Social Bank

• Islamic Development Bank

• Nasser Social Bank

SAC stands for

Islamic Financial Services Board was established at Kuala Lumpur in

• 2001

• 2004

• 2002

• 2010

In which year 1st Islamic bank was established in Malaysia?

• 1980

• 1981

• 1983

• 1963

Which region has been declared as International Offshore Financial Centre?