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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Wednesday, 01 Dec Islamic Finance Asia. Wednesday, 22 Feb Volume9. Wednesday, 03 Feb Volume On the other hand, the issue of authorization in the case of JFX Shariah is well taken care of, as the business model allows commodity users customers to transact online and deal directly with commodity brokers. Wednesday, 08 May Volume Monday, slia Oct Volume He can be contacted at senapatie yahoo. To facilitate increased transaction volumes, Bursa Malaysia has tried to enrol other commodity suppliers in the platform.

Zarai Taraqiati Bank Pakistan. Wednesday, 09 Apr Volume Click here to pin menu. Wednesday, 11 Jan Volume Algeria finance minister says current regulation sufficient; no reforms needed for corporate Sukuk issuance. He can be contacted at mahbubi isra.

Wednesday, 03 Aug Volume8. Log In Sign Up. This innovative platform would not have become a reality if not for the support and participation of industry players across squ board.


(Bursa Suq Al-Sila)

The latest underlying commodity added is RBD palm olein. Specifically, the study undertakes to answer the following research questions: BSAS is an Islamic commodity trading platform for the Islamic banking industry and capital market, introduced by Bursa Malaysia in The issue of agency arrangement, therefore, might still arise, particularly in case of siq involving non-members such as retail customers.

Wednesday, 05 Sep Volume9. Furthermore, contract specifications are given for every single asset and are made known to all parties Mansor, Do you have suggestions or feedback to help us improve? Wednesday, 31 Oct Volume9.

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

The two platforms are claimed to provide genuine commodity transactions in which possession and delivery of the commodity can take place without any hindrance, as opposed to the controversial practice of tawarruq using a platform like the London Metal Exchange LME. Displaying 1 – 50 of In the initial stage, crude palm oil will be bursaa as the launch commodity. Malaysias position as an Islamic financial hub was further solidified with the successful commencement of trade on the worlds first, end-to-end Shariah-compliant commodity trading platform.

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

This is done mainly to protect customer confidentiality as well as to address the accessibility issue, since the BSAS platform is only accessible to registered members who are mainly IFIs. 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.


Wednesday, 27 Jun Volume9. Market will be closed from 1. He can be contacted at asyraf isra. Since the prices of all traded on the platforms are higher than those of the actual market, it creates a practical disincentive to players seeking delivery or selling the commodities outside the platforms.

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

Wednesday, 25 Apr Volume9. Islamic Bank of Afghanistan Afghanistan.

Sharjah Islamic Bank collaborates with Sharjah Finance Department to ensure easier and safer payment services. Once sus by BMIS, the commodity supplier will then be notified. BSAS is a commodity trading platform specifically dedicated to facilitate Islamic liquidity management and financing by Islamic financial institutions.

Monday, 05 Sep Volume Bank Negara Malaysia auctions three Islamic liqudity management facilities.

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