Tawarruq personal financing using Bursa Suq Al Sila’. Commodity Supplier. Bursa Suq Al-Sila’/. Trading Platform. Commodity Buyer. Facility Agent. (Sub-Agent). USPSB. (Agent / Issuer). Facility Agent. (Sale Agent). by YBhg Dato Dr Nik Ramlah Nik Mahmood Managing Director, Securities Commission Malaysia at the BURSA SUQ AL-SILA’ SIGNING OF MEMORANDUM OF.

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Sceptics may argue that this arrangement makes the transactions tantamount to fictitious buraa. Wednesday, 11 Jan Volume Products Bursa Malaysia offers a holistic range of innovative Islamic Market products from equities and commodities to sukuk. Wednesday, 03 Feb Volume Do you have suggestions or feedback to help us improve?

Bursa Suq Al-Sila’ (BSAS) | Bursa Malaysia Market

Market will be closed from 1. Pakistan considering privately wl year Sukuk; expected later this month. Wednesday, 30 Sep Volume Al Akhdar Bank Eila. However, it is beyond the control of the BSAS since the decision is exclusively the right of the contracting parties; BSAS merely serves as a platform to facilitate the transaction. Click on the orange RSS button to go to the Subscribe page.


Issues Pertaining to Agency BSAS has no specific measure to address the issue of authorization since the issue lies largely in the hands of the platform users.

In some cases, the buyer is prevented from taking any delivery, either explicitly or implicitly, siq the standard operating procedure of the market. Friday, 07 Oct Volume8.

Tuesday, 18 Oct Volume Friday, 19 Jul Volume Byrsa Center Find new research papers in: It is purposefully designed as an exchange of multiple commodities using tawarruq transactions. In AprilBSAS added refined, bleached and deodorised RBD palm olein as a new commodity to meet greater demand from local and international players for commodity-based Islamic financing.

Malaysia International Islamic Financial Centre (MIFC) : Bursa Suq Al-Sila’

The fully electronic web based platform provides industry players with an avenue to undertake multi commodity and multi currency trades from all around the world. Ak, many industry players are still sceptical about the amount of CPO available for banks to transact, especially in the case of treasury operations, which normally involve huge transaction volumes.

Wednesday, 17 Oct Volume9. This pioneering effort cements Malaysia’s strength in both Islamic finance and Crude Palm Oil industry.

Goldilocks Investment Company acquires Bursa Malaysia offers a holistic range of innovative Islamic Market products from equities and commodities to sukuk.


Islamic Bank of Afghanistan Afghanistan. That is because juristic consideration is based on skq market practice rather than infrequent occurrence. Nevertheless, the facility should only be used in situations of real urgency and cases of need.

In effect, BSAS integrates the global Islamic financial and capital markets together with the commodity market. Displaying 1 – 50 of Log In Sign Up. Click here to sign up.

(Bursa Suq Al-Sila)

Meanwhile, to address the issue of collusion and market manipulation in JFX Shariah, Circular III of Bank Indonesia does not allow a commodity trader member to conduct transactions with a party that acts as both the commercial member and the commodity consumer.

Wednesday, 26 Oct Volume8. Issues Pertaining to Possession and Delivery BSAS allows for delivery of the commodity, which eliminates another concern about the fictitious nature of organized tawarruq.