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Interest rates have fluctuated over the last year, but many deposit accounts continue to offer solid returns. Certificates of deposit (CDs) are particularly attractive. Banks are advertising 1 ...
KUALA LUMPUR, Aug 20 (Reuters) - Malaysian Islamic banks on Thursday launched a standard agreement for commodity murabaha deposit accounts between banks and corporates, aiming to remove a key ...
Apart from the wakala, many Malaysian banks now use the commodity murabaha structure to operate deposit accounts. Under the murabaha account, a company that wants to place surplus funds with an ...
Reference to the companys announcement on 16th March 2013 relating to the Board of Directors decision to renew the Murabaha deposit of SAR 75 million with United Gulf Bank in the Kingdom of Bahrain ...
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