26.01.2010 - Banks urged to use Bursa Suq Al-Sila' to enable flow of funds
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