In this authoritative 34-page analysis, Professor Dr. Abul Hasan M. Sadeq examines the intersection of institutional finance and regional development. Using Bank Islam Malaysia Berhad (BIMB) as a primary case study, he explores how Islamic financial institutions serve as engines for growth within the ASEAN context.

The research highlights that Islamic banks do not operate in a vacuum; rather, they provide a stable, ethical alternative to conventional debt-based systems. Professor Sadeq details the role of BIMB in mobilizing local savings into productive investment sectors, fostering entrepreneurship through Mudarabah and Musharakah, and contributing to the overall stability of the Malaysian economy. The paper further discusses how the "Malaysian Model" of Islamic banking acts as a benchmark for regional cooperation within the ASEAN, promoting a shared framework for ethical finance that balances profitability with social justice.

Core Concepts: Islamic Banking, BIMB, ASEAN Economic Development, Institutional Economics, Financial Integration, Ethical Finance, AUB.