The impact of interest rate changes on the Islamic foreign exchange forward in the Malaysian derivative market

Islamic foreign exchange forward plays a significant role to mitigate various foreign currency exchange risks. The main challenge that impedes the development and operation of the Islamic foreign exchange forward as a hedging instrument is the behaviour of relying on existing conventional framework...

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Bibliographic Details
Main Authors: Nor Azmah Md. Arif, Ruhaini Muda, Md. Mahmudul Alam, Saadiah Mohamad
Format: Article
Language:English
Published: Penerbit Universiti Kebangsaan Malaysia 2019
Online Access:http://journalarticle.ukm.my/14543/
http://journalarticle.ukm.my/14543/1/27735-110398-1-PB.pdf