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BFX, Bursa Malaysia deal on Islamic products

Posted on 25 January 2010

From Tradearabia.com: The Bahrain Financial Exchange (BFX) and Bursa Malaysia said on Sunday they signed an agreement to study a common platform on which Islamic finance products such as commodity murabahas can be traded.

Malaysia’s stock exchange launched a platform last year on which murabaha, an Islamic money market instrument, can be traded using palm oil as the underlying commodity…………………Full Article: Source

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This post was written by:

Laxman - who has written 19163 posts on Opalesque Islamic Finance Briefing.


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