Malaysia’s First Shariah Futures

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Kuala Lumpur, Aug 23: CGS-CIMB Futures announces the groundbreaking launch of Malaysia’s inaugural Global Shariah-Compliant Futures Account, catering to Chicago Mercantile Exchange (CME) and Singapore Exchange (SGX) products.
This pivotal expansion reflects our dedication to innovation and ethical investment prospects, extending beyond Bursa Malaysia Derivatives.According to Professor Dr. Aznan Hasan, Shariah Advisor of CGS-CIMB Securities Sdn Bhd, this achievement results from the harmonious blend of Shariah principles and contemporary financial instruments, bridging traditional values with progressive solutions.
More than a mere financial transaction, Shariah investment embodies fairness, justice, and shared prosperity. Malaysia’s First Global Shariah-Compliant Futures Account signifies a profound synergy, empowering investors to participate in the global market while adhering to principles of transparency, risk-sharing, and social responsibility.
Recognizing the significance of factors like risk, return, liquidity, and cost in volatile markets, the Global Shariah-Compliant Futures Account aims to strike a balance for investors, presenting alternative investment solutions that resonate with their values.
Azizah Mohd Yatim, CEO of CGS-CIMB Securities Malaysia, expressed gratitude for being Malaysia’s first derivative broker to unveil the Global Shariah-Compliant Futures Account.
This innovation not only aligns financial aspirations with faith but also has the potential to attract a diverse range of investors.
In alignment with CGS-CIMB’s commitment to sustainability and United Nations Sustainable Development Goal number eight, focused on decent work and economic growth, the organization also extended support to Seven Tea One Sdn Bhd during the launch.
This social enterprise empowers differently-abled and marginalized communities by providing them a platform to acquire employment skills and earn dignified income for sustainable livelihoods.

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