International Finance and Accounting


As we know, in the last years, Islamic finance has been increasing rapidly. Despite a very small share in the global financial system, it attracts all specialists in the field with an average annual growth rate of 20%. It is noteworthy that Islamic finance can be used not only in Muslim countries but also in non-Muslim countries. In this article has been investigated the impact of sukuk development on the economy which is the second largest sector of Islamic finance and used data from Malaysian indicators for 2006-2018 years. There are provided some ideas for the future researches at the end of the paper based on obtained positive results of the study.


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