| 29.07.2009 - Malaysian bourse eyes murabaha trading system as debate rages |
| From Reuters: Malaysia's stock exchange will launch a global murabaha trading platform next month to serve a market worth over $100 billion, amid fierce industry debate over the permissibility of the Islamic funding structure. The system, which is based on the sharia concepts of murabaha, tawarruq and musawwamah, will involve the sale and purchase of crude palm oil in a series of transactions used as Islamic financing tools.........Full Article: Source |