Singapore Extends Islamic Banking Products

The Monetary Authority of Singapore is planning to allow banks to offer murabaha products, based on a sale of goods in which both the price and a profit margin are set in advance, as it tries to boost....

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By: Stephen Harris
June 13, 2006
The Monetary Authority of Singapore is planning to allow banks to offer murabaha products, based on a sale of goods in which both the price and a profit margin are set in advance, as it tries to boost....