The coming of age of Islamic structured products

MalaysiaÆs structured products market is benefiting from the development of a liquid Islamic capital market.

Islamic finance is coming of age. Today, for the first time, Islamic structurers in Malaysia and the Middle East are starting to create new financial products and infrastructure from scratch û developments that do not simply wrap their conventional counterparts in a SharÆiah structure but which are Islamic from start to finish.

Already this year, in its effort to develop a wholesale Islamic capital market, MalaysiaÆs Syariah Advisory Council has approved a SharÆiah-compliant commodity exchange and it has also...

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