One of the main driver to good economy is Banking system. Without an efficient banking system, there is a risk for whole failure in the economy with the resultant consequences of high cost of living, unemployment, inflation, falling value of currencies etc. Many studies in past examines factors that effects the bank's profitability, using both internal and external factors that affect the banks performance. However, the findings in these studies indicates a different result at different times within the same jurisdictions. This paper will close this gap by finding out the result of the internal factors that affect Malaysian Islamic and conventional banks performance during the period between 2008-2016. The study used secondary data from (Fitch connect databases) to evaluate the internal variable (CAMEL) and the return on equity (ROE) as dependent variables, Stata Econometrics software through panel data was used for analysis. The findings of the study show contrary result from the anticipated, it shows that the newly introduced long-term liquidity measured (NSFR) did not significantly affect the Malaysian Banks performance as measured by ROE. Thus, the future study should focus to find whether NSFR has effect of banks profitability through other internal of external factors (i.e. mediating/interactions effects of NSFR and banks performance). The implication of the study is twofold; first it serves as avenue for policy makers to find out more issues that leads to the 2008 financial crisis, second, researchers in the banking sectors will use it as a gap for further research in this area.

As Malaysia aims to becoming as Islamic finance global hub, thus the evaluation to determine global hub country is somehow valuable to bring into a research. Other Islamic finance countries like Saudi Arabia, Qatar, United Arab Emirates and even London, have clearly declared to become as Islamic finance Global hub. The evaluation of Islamic finance global hub country could benefit Islamic finance industry which among others could indicate the standard of Islamic finance global hub and the determination of exact countries eligible as Islamic finance global hub. Hence, this study examines three assessment bodies as a sample namely; The Global Competitiveness Report, The Global Financial Index and Ernst & Young (E& Y) Globalization Index as a comparative study to find the suitable method in global hub evaluation. Simultaneously, this study will examine Malaysia’s economic competitiveness among other countries around the world to determine positive factors that could position Malaysia as Islamic finance global hub. Then, some recommendations will be proposed for a new framework for Islamic finance global hub assessment.