31.08.2009 - Malaysia sets new guidelines on Murabahah
From Zawya.com: Bank Negara has announced rules for a standard application of the Murabahah financing structure, seeking a common reading of Islamic law to help the industry grow. Bank Negara's Murabahah guidelines follow other recent efforts at harmonization by Islamic banks and Bahrain-based industry body AAOIFI, which would make it cheaper to conduct Shariah financial transactions and encourage cross-border deals..............Full Article: Source
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