MALAYSIA - COMMODITY MARKETS - Bursa Suq Al-Sila offers palm olein trading

www.btimes.com.my - The world's first end-to-end Syariah-compliant commodity trading platform, Bursa Suq Al-Sila' (BSAS), has added RBD Palm Olein as a new commodity offering.

In a statement today, Bursa Malaysia said this would provide more diverse product offerings for clients trading on the BSAS platform.

"The inclusion of RBD Palm Olein complements BSAS's existing commodities, namely Crude Palm Oil and Plastic Resin," it said. (source)

FINANCIAL MARKETS - Indonesian Sukuk Extends Record Loss on Food, Fuel Prices: Islamic Finance

Indonesia’s dollar Islamic bonds fell for a second week, after a record decline last quarter, as concern inflation will quicken outstripped optimism the nation will win an investment-grade rating.

FINANCIAL MARKETS - Muslim Nations Plan Stock Index Next Year to Spur Trade: Islamic Finance - Turkey to coordinate

Huseyin Erkan, chairman and chief executive officer of Istanbul Stock Exchange. 

Photographer: Jamie Rector/Bloomberg

FINANCIAL MARKETS - Sharia mutual fund weakens - Selling agent quality needs improving

JAKARTA: Total of net asset value (NAV) of sharia equity fund fell 8.50% January-September into IDR1.87 trillion as from IDR2.05 trillion last year.

Data of PT Infovesta Utama, the information service and independent research for mutual fund and bonds, show the falling wealth management of sharia equity fund product.