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...
| 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 |
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