Tue, Jul 29, 2014
A A A
Welcome bhaimia
RSS

Islamic Finance Briefing - Categorized | Banking, Funds more

Banks urged to use Bursa Suq Al-Sila’ to enable flow of funds

Posted on 26 January 2010

From Bernama: Bank Negara Malaysia (BNM) has urged banks in Malaysia and Bahrain to work together and use Bursa Suq Al-Sila’ to enable the flow of funds that would enhance the liquidity management framework between both countries.

BNM deputy governor, Datuk Mohd Razif Abd Kadir, said Bursa Suq Al-Sila’ could provide a viable alternative to the well-functioning of liquidity management in Islamic financial system. Bursa Suq Al Sila’ is a purposefully-designed exchange-traded platform to facilitate commodity murabahah transactions………………….Full Article: Source

Podcast Play - Download this article   |   Play - Download Full Briefing   |   Subscribe to the Podcast Feed
 
Article link

This post was written by:

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


Contact the author

Comments are closed.

July 2014
M T W T F S S
« May    
 123456
78910111213
14151617181920
21222324252627
28293031