Securing Higher Grades Costing Your Pocket? Book Your Coursework Help at The Lowest Price Now!

  • +1-617-874-1011 (US)
  • +44-117-230-1145 (UK)
Online Customer Service

IBF 7110 Islamic Financial System and Effects of Ringgit Crash

  17 Download     📄   2 Pages / 359 Words

Some has argued that the falling or the depreciation of ringgit could be a good thing for Malaysia, since this will boost the export market. Critically evaluate the causes and impacts of ringgit depreciation within the context of Islamic Capital Markets.


Effects of Ringgit Crash

Malaysia’s ringgit crash is an event of unprecedented importance. It is a historic fall with a record drop in the last seventeen years. The fall is mostly attributed to the fall in global oil prices which has seriously affected the countries that have oil based economies (Amirullah, and Hamid, 2017). There can be both positive and negative outcomes of the crash. The consequences of the fall in value of ringgit in the cost of Islamic capital market are as follows:

  • Fall in Stock Value: Malaysia was the only sukuk market with a global outstanding crossing $100 billion dollars. But after the ringgit crash, since the value of the currency has declined against the dollar, the value of the existing stock out of 70% is Sharia compliant (Islamic Capital Market Malaysia, 2018)shall be highly devalued.
  • Fall in Innovation: The Malaysian Islamic capital market was responsible for a number of groundbreaking innovations but after the crash of the ringgit there shall be no scope for organizations to invest into new innovative methods.
  • Stunted Growth Rate: The expected growth rate of the Islamic capital market shall fall down considerably. The ten year CGR of 11.3% (Islamic Capital Market Malaysia, 2018) shall come down.
  • Increased Foreign Investment: At this point foreign investors shall be interested in spending their revenue in the Islamic capital market as prices shall be low. This is a positive outcome and it shall create provisions for the market to recuperate after the crash and subsequently, achieve a sustainable growth rate.


Amirullah, M.A. and Hamid, Z., 2017, July. Does the Fall in Crude Oil Prices Really Affect the Malaysian Ringgit?. In International Conference on Applied Economics (pp. 403-414). Springer, Cham.

Islamic Capital Market Malaysia (2018). Islamic Capital Market Malaysia | Sukuk Malaysia | Capital Markets Malaysia. [online] Available at: [Accessed 16 Nov. 2018].

This problem has been solved.

Please send an Email to with the Payment ID and the link to the document to collect by email

Cite This work.

To export a reference to this article please select a referencing stye below.

Urgent Homework (2022) . Retrive from

"." Urgent Homework ,2022,

Urgent Homework (2022) . Available from:

[Accessed 06/10/2022].

Urgent Homework . ''(Urgent Homework ,2022) accessed 06/10/2022.

Buy IBF 7110 Islamic Financial System and Effects of Ringgit Crash Answers Online

Talk to our expert to get the help with IBF 7110 Islamic Financial System and Effects of Ringgit Crash Answers to complete your assessment on time and boost your grades now

The main aim/motive of the management assignment help services is to get connect with a greater number of students, and effectively help, and support them in getting completing their assignments the students also get find this a wonderful opportunity where they could effectively learn more about their topics, as the experts also have the best team members with them in which all the members effectively support each other to get complete their diploma assignments. They complete the assessments of the students in an appropriate manner and deliver them back to the students before the due date of the assignment so that the students could timely submit this, and can score higher marks. The experts of the assignment help services at are so much skilled, capable, talented, and experienced in their field of programming homework help writing assignments, so, for this, they can effectively write the best economics assignment help services.

Get Online Support for IBF 7110 Islamic Financial System and Effects of Ringgit Crash Assignment Help Online


    • 24 x 7 Availability.
    • Trained and Certified Experts.
    • Deadline Guaranteed.
    • Plagiarism Free.
    • Privacy Guaranteed.
    • Free download.
    • Online help for all project.
    • Homework Help Services

Tap to Chat
Get Instant Assignment Help
Tap to Chat
Get Instant Assignment Help