22.06.2009 - Malaysia launches murabaha liquidity tool
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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