The following is a list of Malayalam films released in the year 1988.
| Opening | Film | Cast | Director | Music Director | Notes |
J
A
N |
8 |
Kakkothikkavile Appooppan Thaadikal | Revathi, Kiran Vergis | Kamal | Ouseppachan | |
| 15 |
Vicharana | Mammootty, Sobhana | Sibi Malayil | Ouseppachan | |
| Kandathum Kettathum | Thilakan, Balachandra Menon | Balachandra Menon | | |
| 21 |
Dhinarathrangal | Mammootty, Sumalatha | Joshi | Shyam | |
| 25 |
Oozham | Madhu, Sukumari | Harikumar | M. K. Arjunan | |
| 29 |
Adholokam | Jagathy Sreekumar, Nedumudi Venu | Thevalakkara Chellappan | Raveendran | |
| Mukunthetta Sumitra Vilikkunnu | Mohanlal, Sreenivasan | Priyadarshan | Ouseppachan | |
F
E
B |
11 |
Puravrutham | Revathy, Om Puri | Lenin Rajendran | Kavalam Narayana Panicker | |
| 18 |
Oru CBI Diary Kurippu | Mammootty, Suresh Gopi | K. Madhu | Shyam | |
| 19 |
Bheekaran | Rajkumar, Bheeman Raghu | Prem | G. Devarajan | |
| Daisy | Harish Kumar, Sonia | Prathap K. Pothan | Shyam | |
| Agnichirakulla Thumbi | Sathaar, Anuradha | P. K. Krishnan | Shyam | |
| Poonnanujathi | | R. Krishnamoorthy | | |
| Karate Girls | Anuradha, Bheeman Raghu | Gokul | Shankar–Ganesh | |
| 20 |
Witness | Jayaram, Jagathy Sreekumar | Viji Thampi | Ouseppachan | |
M
A
R |
5 |
Unnikrishnante Adyathe Christmas | Jayaram, Sumalatha | Kamal | Johnson | |
| 13 |
Marikkunnilla Njan | Kaviyoor Ponnamma, Nedumudi Venu | P. K. Radhakrishnan | Raveendran | |
| 14 |
Mrithunjayam | Devan, Parvathy | Paul Babu | Ouseppachan | |
| 18 |
Vida Parayaanmathram | Devan, Sandhya | P. K. Joseph | M. K. Arjunan | |
| 20 |
Sanghunadam | Mammootty, Suresh Gopi | T. S. Suresh Babu | Jerry Amaldev | |
| 25 |
Uyaran Orumikkan | | Vayanar Vallabhan | Aravindan Thevara | |
| Theruvu Narthaki | Balan K. Nair, Bheeman Raghu | N. Sankaran Nair | Vijayabhaskar | |
| Onninu Purake Mattonnu | Thilakan, Nedumudi Venu | Thulasidas | Kannur Rajan | |
| 26 |
Itha Oru Penkutty | Babitha, Rajesh | Jayadevan | A. T. Ummer | |
A
P
R |
1 |
Thaala | Ashokan, Shari | Babu Radhakrishnan | Vaippin Surendran | |
| 3 |
Oru Muthassi Katha | Vineeth, Nirosha | Priyadarshan | Ouseppachan | |
| 5 |
Charavalayam | Innocent, Hari | K. S. Gopalakrishnan | S. P. Venkatesh | |
| 7 |
Manu Uncle | Mammootty, Master Sreenivasan G. | Dennis Joseph | Shyam | |
| Ayitham | Mohanlal, Ambika | Venu Nagavally | M. G. Radhakrishnan | |
| 13 |
Ambalakkara Panchaayath | Jayabharathi, Unnimary | Kabeer Rawuthar | Jerry Amaldev | |
| Orkkappurathu | Mohanlal, Nedumudi Venu | Kamal | Ouseppachan | |
| 14 |
Abkari | Mammootty, Ratheesh | I. V. Sasi | | |
| Ormayilennum | Sukumari, Ratheesh | T. V. Mohan | Jerry Amaldev | |
| Kudumbapuranam | Thilakan, Balachandra Menon | Sathyan Anthikad | Johnson | |
| 29 |
Janmashathru | Anuradha, Balan K. Nair | K. S. Gopalakrishnan | Cochin Alex | |
M
A
Y |
6 |
Janmandharam | Balachandramenon, Shobhana | Thampi Kannanthanam | S. P. Venkatesh | |
| 12 |
Aparan | Jayaram, Shobana | P. Padmarajan | Johnson | |
| 13 |
Innaleyude Baakki | Captain Raju, Devan | P. A. Bakker | G. Devarajan | |
| 18 |
Simon Peter Ninakku Vendi | Madhu, Urvashi | P. G. Vishwambharan | A. T. Ummer | |
| Sangham | Mammootty, Thilakan | Joshiy | Shyam | |
| 25 |
Venal Vasathi | | A. T. Joy | | |
J
U
N |
6 |
Rahasyam Parama Rahasyam | Ratheesh, Balan K. Nair | P. K. Joseph | S. P. Venkatesh | |
| 8 |
Kanakambarangal | Thilakan, Murali | N. Sankaran Nair | K. Raghavan | |
| 16 |
Pattanapravesham | Mohanlal, Sreenivasan | Sathyan Anthikkad | Shyam | |
| 17 |
Loose Loose Arappiri Loose | Jagathy Sreekumar, Kuthiravattam Pappu | Prassi Malloor | Darsan Raman | |
| 24 |
Paadha Mudra | Mohanlal, Seema | R. Sukumaran | Vidhyadharan | |
| David David Mr. David | Ashokan, Balachandra Menon | Viji Thampi | Raveendran | |
J
U
L |
1 |
Isabella | Sumalatha, Balachandra Menon | Mohan | Johnson | |
| 9 |
Mamalakalkkappurathu | Manoj K. Jayan, Anil | Ali Akbar | Mohan Sithara | |
| 21 |
August 1 | Mammootty, Sukumaran | Sibi Malayil | Shyam | |
| 29 |
Mattoral | Mammootty, Karamana Janardanan Nair | K. G. George | M. B. Sreenivasan | |
A
U
G |
6 |
Inquilabinte Puthri | Jose, KPAC Sunny | Jayadevan | A. T. Ummer | |
| 13 |
Athirthikal | Madhu, Srividya | J. D. Thottan | G. Devarajan | |
| 19 |
1921 | Mammootty, Suresh Gopi | I. V. Sasi | Shyam | |
| 24 |
Arjun Dennis | Ashokan, Nirosha | Thevalakkara Chellappan | S. P. Venkatesh | |
| 25 |
Thanthram | Mammootty, Urvashi | Joshiy | Shyam | |
| Vaisali | Sanjay Mitra, Suparna Anand | Bharathan | Ravi | |
| Oru Vivaada Vishayam | Lissy, Devan | P. G. Vishwambharan | | |
| 28 |
Moonnam Pakkam | Thilakan, Jayaram | Padmarajan | Ilaiyaraaja | |
S
E
P |
9 |
Oohakachavadam | Adoor Bhasi, Balachandra Menon | K. Madhu | M. G. Radhakrishnan | |
| 10 |
Adipapam | Vimal Raja, Abhilasha | P. Chandrakumar | Jerry Amaldev | |
O
C
T |
5 |
Onnum Onnum Pathinonnu | Ratheesh, Disco Shanti | Ravi Gupthan | Raveendran | |
| 8 |
Alila Kuruvikal | Shobana, Madhu | S. L. Puram Anand | Mohan Sithara | |
| 24 |
Aaryan | Mohanlal, Ramya Krishnan | Priyadarshan | Reghu Kumar | |
N
O
V |
4 |
Mukthi | Mammootty, Shobhana | I. V. Sasi | | |
| 10 |
Moonnam Mura | Mohanlal, Lalu Alex | K. Madhu | Shyam | |
| 12 |
Anuragi | Mohanlal, Urvashi | I. V. Sasi | Gangai Amaran | |
| 19 |
Parisile Ardharaathrikal | | K. S. Rajan | | |
D
E
C |
8 |
Aranyakam | Saleema, Devan | Hariharan | Raghunath Seth | |
| 9 |
Vellanakalude Nadu | Mohanlal, Shobana | Priyadarshan | M. G. Radhakrishnan | |
| 23 |
Ulsavapittennu | Mohanlal, Parvathy Jayaram | Bharath Gopi | G. Devarajan | |
| Chithram | Mohanlal, Ranjini | Priyadarshan | Kannur Rajan | |
| 25 |
Dhwani | Prem Nazir, Jayaram | A. T. Abu | Naushad | |
| 28 |
Ponmuttayidunna Tharavu | Sreenivasan, Jayaram | Sathyan Anthikkad | Johnson | |
| | Marattam | | | | |
| | Ee Kadha Ente Kadha | | | | |
| | Kanana Sundari | | | | |
| | December | | | | |
| | Aamukham | | | | |
| | Ore Thooval Pakshikal | | | | |
| | Evidence | | | | |
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