The Islamic financial market is very active in Malaysia with companies issuing Shariah approved bonds thus providing alternative products in the capital market.  The types of Islamic financial products offered in Malaysia have evolved through the years and various measures have been introduced, such as tax incentives, to help spur the growth of the Islamic financial market and the creation of innovative Shariah based financial products. In the past, bonds have mainly been issued under the concept of Al-Bai Bithaman....