Islamic Banking and Finance: Fundamentals and Contemporary Issues

Hajjah Salma

Secondly, we make comparisons of the Islamic banks total deposits vis-
à-vis the conventional banks. Although there is a marked increasing trend in
deposits of current, fixed and savings account for both Islamic and
conventional banks (see Diagram 2), the level has stagnated in the last two
years. The market share of the Islamic banks for deposits stood at around 25
per cent, but we must be reminded that this does not take into account
TAIB’s deposits.

0

2000

4000

6000

8000

10000

19921993199419951996199719981999200020012002

Conventional

Islamic

Total

Source: Brunei Currency Board, and Ministry of Finance.

Source: Brunei Currency Board, and Ministry of Finance.

Diagram 2: Breakdown of Conventional and Islamic Banks Total

Deposits.

Diagram 3: Market Share of Deposits of Islamic Banks

(IBB & DBB)

Market Share

0.00%

5.00%

10.00%

15.00%

20.00%

25.00%

30.00%

199219

93

199419951996199719

98

199920

00

200120

02

Market

Share