Financial Crisis In Malaysia 2008

Throughout the period of the global financial crisis underpinned by a strong financial sector and negligible exposure to subprime related assets and affected counterparties.

Financial crisis in malaysia 2008. Following the 2008 09 global financial crisis that especially hit the united states and europe many hundreds of billions of dollars rushed to emerging markets including malaysia in search of. The crisis led to the great recession where housing prices dropped more than the price plunge during the great depression. This study is an attempt to explore the relative performance of shariah and non shariah portfolios at bursa malaysia during the global financial crisis from 2007 through 2008. Financial crisis at 18 5.

The effects of the 2008 financial crisis the crisis spread to other parts of the world due to the highly intertwined global financial market. Nevertheless given the weak business environment and an expected rise in unemployment the banking system s non. Commodity prices in the second half of 2008 saw malaysia s gdp moderate to 0 1 in the final quarter of 2008. Since then the ratio has declined to 2 6 in 2008.

It occurred despite the efforts of the federal reserve and the u s. The 2008 financial crisis was the worst economic disaster since the great depression of 1929. Us 2 5 trillion of government debt and troubled private assets were purchased by the federal reserve and european central bank resulting in the largest liquidity injection into the credit market and the largest monetary policy action in world history. Bank negara malaysia also managed the financial sector well following the bitter experience of the asian financial crisis and hence non performing loans as a share of total loans fell to 2 2 in 2008 and remained at roughly that level in the first two quarters of 2009.