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Islamic Finance Briefing - Categorized | Capital Market (Equity, Mutual Funds), Finance, New Launches more

Malaysia launches murabaha liquidity tool

Posted on 22 June 2009

From Thepeninsulaqatar.com: Malaysia’s central bank launched yesterday a murabaha instrument to manage liquidity in Islamic financial markets.
The central bank said the murabaha notes, certificates of indebtedness arising from a deferred mark-up sale of assets, would increase efficiency and flexibility in managing liquidity in the financial system by diversifying the sharia concept used in our Islamic monetary instrument………Full Article: Source

 
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