Suq al-Sila’

Definition of "Suq al-Sila’"

Suq al-Sila’, also known as Commodity Murabaha House, is a platform to assist Islamic financial transactions (IFIs). Suq al-Sila’, developed in Malaysia, offers solutions for commodity murabahah transactions based on local palm oil market. This platform aims to provide genuine commodity transactions, where possession and delivery of the commodity can take place without any obstacle.