The palm oil-based commodity Murabahah the country plans to introduce next year is an Islamic commodity exchange that all local banks will use, said experts. Currently known as the Commodity Murabahah House (Bursa Suq Al-Sila) until a more appropriate name is found, it is an Islamic mechanism that can serve various purposes, such as facilitating the liquidity of some bank transactions using underlying assets. Ahmad Shahriman Mohd Shariff, Citibank’s head of regional Islamic structuring, expects at least 80% of the....