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mar 28, 2007 - Announcement by BNM to introduce Commodity Murabaha House

Description:

“Bank Negara Malaysia, the Securities Commission, Bursa Malaysia and industry players have worked collaboratively towards establishing a mechanism referred to as the Commodity Murabahah House. This mechanism which uses crude palm oil as the underlying commodity will facilitate Islamic financing applying the concept of murabahah or tawarruq”
(Tan Sri Zeti, Governor BNM, 28 March 2007)

https://www.thestar.com.my/business/business-news/2007/03/29/islamic-instrument-that-uses-cpo-to-manage-shortterm-liquidity

Added to timeline:

28 Nov 2019
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Date:

mar 28, 2007
Now
~ 19 years ago