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...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Faculty of Business and Management
2015
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| Subjects: | |
| Online Access: | https://ir.uitm.edu.my/id/eprint/12377/2/AJ_ABDUL%20AZEEZ%20MARUF%20OLAYEMI%20JEEIR%2015.pdf |
| _version_ | 1825734032303849472 |
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| author | Hasan, Aznan Ibrahim, Uzaimah Buang, Ahmad Hidayah |
| author_facet | Hasan, Aznan Ibrahim, Uzaimah Buang, Ahmad Hidayah |
| author_sort | Hasan, Aznan |
| collection | UITM |
| 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. |
| first_indexed | 2024-03-06T01:25:45Z |
| format | Article |
| id | oai:ir.uitm.edu.my:12377 |
| institution | Universiti Teknologi MARA |
| language | English |
| last_indexed | 2024-03-06T01:25:45Z |
| publishDate | 2015 |
| publisher | Faculty of Business and Management |
| record_format | dspace |
| spelling | oai:ir.uitm.edu.my:123772019-03-12T03:07:34Z https://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.] jeeir 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 https://ir.uitm.edu.my/id/eprint/12377/2/AJ_ABDUL%20AZEEZ%20MARUF%20OLAYEMI%20JEEIR%2015.pdf Shari’ah compliant liquid commodity market : {An expositional study on Bursa Suq al-Sil’ah in Malaysia} / Abdul Azeez Maruf Olayemi ... [et al.]. (2015) Journal of Emerging Economies and Islamic Research (JEEIR) <https://ir.uitm.edu.my/view/publication/Journal_of_Emerging_Economies_and_Islamic_Research_=28JEEIR=29/>, 3 (2). pp. 1-11. ISSN 2289-2559 |
| 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.] |
| 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_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_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_sort | shari ah compliant liquid commodity market an expositional study on bursa suq al sil ah in malaysia abdul azeez maruf olayemi et al |
| topic | Liquidity |
| url | https://ir.uitm.edu.my/id/eprint/12377/2/AJ_ABDUL%20AZEEZ%20MARUF%20OLAYEMI%20JEEIR%2015.pdf |
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