Bursa Malaysia's Suq Al-Sila' (Commodity Murabahah House) as an Alternative Platform for Tawarruq Transaction

• Main Author: Asyraf Wajdi Dusuki
• Format: Article
• Language: English
• Published: Universiti Sains Islam Malaysia 2012
• Subjects: Tawarruq; Commodity murabahah; Shari'ah; Islamic finance; Legal stratagem; Agency
• Online Access: http://ddms.usim.edu.my/handle/123456789/5388

In 2009, Bursa Malaysia launched a new trading platform called Suq al-Sila' or Commodity Murabahah House. The platform is introduced to facilitate Islamic financia1 transactions particularly the application of commodity murabahah which is based on the principle of taw'arruq. This platform...