Islamic Banking and Financing: Tawarruq & Bursa Suq Al-Sila’ (7 Oct 2010)
Wednesday, 10 November 2010 04:39pm
Article and photos contributed by Mazni Ibrahim, Officer, Islamic Finance Committee, Bar Council
On 7 Oct 2010, the Islamic Finance Committee organised a talk on Islamic Banking and Financing: Tawarruq & Bursa Suq Al-Sila’, which was held at the newly-renovated Bar Council Auditorium.
The speaker, Norfadelizan Abdul Rahman, is the Vice-President of the Islamic Markets Division of Bursa Malaysia Berhad. He currently leads the development and marketing of Bursa Suq Al-Sila’.
Bursa Suq Al-Sila’, formerly known as Commodity Murabahah House, is a commodity-trading platform that has received numerous awards due to its ingenuity and exclusiveness. It is well received by banks locally and in the Middle East. In effect, Bursa Suq Al-Sila’ integrates the global Islamic financial and capital markets with the commodity market.
All businesses and activities of Bursa Suq Al-Sila’ in Malaysia are managed by Bursa Malaysia Islamic Services Sdn Bhd, a wholly-owned subsidiary of Bursa Malaysia Berhad, in a regulated, transparent and fully Shari’ah-compliant environment. For more information on Bursa Suq Al-Sila’, visit Bursa Malaysia Berhad’s official website.
The topic of Bursa Suq Al-Sila’ was explained with much clarity and the 40 participants, all Members of the Bar, had the opportunity to ask questions during the speaker’s presentation. The talk ended at 4:30 pm and the participants were treated to a light tea to conclude the event.
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