This exposure draft outlines the proposed standards and guidelines in relation to Islamic financial instruments used in the Islamic Interbank Money Market (IIMM) comprising sell and buy back (SBBA) and collateralised commodity murabahah (CCM) transactions used to source and provide funding for liquidity management in the IIMM.

Bank Negara Malaysia invites written feedback on the proposals in this exposure draft. The written feedback should be supported with clear rationale, accompanying evidence or appropriate illustrations to facilitate an effective review of this exposure draft.

Responses must be submitted electronically to the Bank by 31 October 2023 to [email protected].

Submissions received may be made public unless confidentiality is specifically requested for the whole or part of the submission.

Issuance Date
2 October 2023

Issuing Department
Investment Operations and Financial Markets

Document
Exposure Draft on Islamic Collateralised Funding