FOREX BANK NEGARA
Bank Negara’s sharia advisers forbid forward forex fee
KUALA LUMPUR, Aug 26 —The central bank’s sharia advisers have outlawed the payment of a fee to support a pledge made in Islamic forward foreign currency transactions, saying such charges contravene the religion. Islamic banks tend to levy a payment when a promise or “waad” is made to enter into a forward foreign currency hedging contract to …
PERNIAGAAN INTERNET (DIAJAR MELALUI EMAIL / JUMPA)