Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]

One of the major challenges before the emerging Islamic financial Institutions is the dearth of Shariah compliant money market platform for the management of their liquidity. However, a viable panacea to the problem has been developed in Malaysia. One of the measures that were taken for the solvin...

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Main Authors: Hasan, Aznan, Ibrahim, Uzaimah, Buang, Ahmad Hidayah
Format: Article
Language:English
Published: Faculty of Business and Management 2015
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/12377/
http://ir.uitm.edu.my/id/eprint/12377/2/AJ_ABDUL%20AZEEZ%20MARUF%20OLAYEMI%20JEEIR%2015.pdf
id uitm-12377
recordtype eprints
spelling uitm-123772019-03-12T03:07:34Z http://ir.uitm.edu.my/id/eprint/12377/ Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.] Hasan, Aznan Ibrahim, Uzaimah Buang, Ahmad Hidayah Liquidity One of the major challenges before the emerging Islamic financial Institutions is the dearth of Shariah compliant money market platform for the management of their liquidity. However, a viable panacea to the problem has been developed in Malaysia. One of the measures that were taken for the solving of the problem in the country was the creation of Bursa Suq al-Sil'ah which is a Shariah compliant liquidity commodity market. The market is tremendously efficient and it can form a model for other countries. This paper submits that the creation of a similar commodity market in the emerging jurisdictions will mitigate the problem of Shariah compliant liquidity management to a great extent. The study adopts Shariah method in its analysis in view of buttressing the mechanism of Bursa Suq al-Sil‟ah as a model for the emerging jurisdiction. Faculty of Business and Management 2015 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/12377/2/AJ_ABDUL%20AZEEZ%20MARUF%20OLAYEMI%20JEEIR%2015.pdf Hasan, Aznan and Ibrahim, Uzaimah and Buang, Ahmad Hidayah (2015) Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]. Journal of Emerging Economies and Islamic Research (JEEIR), 3 (2). pp. 1-11. ISSN 2289-2559
repository_type Digital Repository
institution_category Local University
institution Universiti Teknologi MARA
building UiTM Institutional Repository
collection Online Access
language English
topic Liquidity
spellingShingle Liquidity
Hasan, Aznan
Ibrahim, Uzaimah
Buang, Ahmad Hidayah
Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]
description One of the major challenges before the emerging Islamic financial Institutions is the dearth of Shariah compliant money market platform for the management of their liquidity. However, a viable panacea to the problem has been developed in Malaysia. One of the measures that were taken for the solving of the problem in the country was the creation of Bursa Suq al-Sil'ah which is a Shariah compliant liquidity commodity market. The market is tremendously efficient and it can form a model for other countries. This paper submits that the creation of a similar commodity market in the emerging jurisdictions will mitigate the problem of Shariah compliant liquidity management to a great extent. The study adopts Shariah method in its analysis in view of buttressing the mechanism of Bursa Suq al-Sil‟ah as a model for the emerging jurisdiction.
format Article
author Hasan, Aznan
Ibrahim, Uzaimah
Buang, Ahmad Hidayah
author_facet Hasan, Aznan
Ibrahim, Uzaimah
Buang, Ahmad Hidayah
author_sort Hasan, Aznan
title Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]
title_short Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]
title_full Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]
title_fullStr Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]
title_full_unstemmed Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]
title_sort shari’ah compliant liquid commodity market : {an expositional study on bursa suq al-sil’ah in malaysia} / abdul azeez maruf olayemi ... [et al.]
publisher Faculty of Business and Management
publishDate 2015
url http://ir.uitm.edu.my/id/eprint/12377/
http://ir.uitm.edu.my/id/eprint/12377/2/AJ_ABDUL%20AZEEZ%20MARUF%20OLAYEMI%20JEEIR%2015.pdf
first_indexed 2023-09-18T22:49:09Z
last_indexed 2023-09-18T22:49:09Z
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