Sun, Jan 26, 2020
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Islamic Hedge Funds, Market Moves more

Malaysia bank arm plans Shariah hedging rules

Posted on 24 February 2011

From Gulf-times.com: An Islamic finance research body backed by Malaysia’s central bank is drafting rules to regulate the use of derivatives to strengthen the industry’s risk management framework and repair the perception of poor Shariah compliance among banks.
The guidelines could help plug a yawning gap in an industry which has struggled to develop hedging tools that do not resemble betting instruments—a major handicap that can expose Islamic banks to excessive swings in currency and interest rate movements………………………………………..Full Article: Source

 
Article link

This post was written by:

Laxman - who has written 19160 posts on Opalesque Islamic Finance Briefing.


Contact the author

Comments are closed.

banner
banner
January 2020
M T W T F S S
« May    
 12345
6789101112
13141516171819
20212223242526
2728293031