Citi launches Islamic finance products in Singapore


Citigroup in Singapore has launched commodity murabaha investments denominated in US dollar, euro, sterling and Singapore dollar, the first such products launched in the city state since the Monetary Authority of Singapore approved the sale of murabaha investment products in June.

Murabaha is a sharia-compliant contract between a bank and an investor for sale of goods at a price plus a pre-agreed profit margin.

The bank also introduced the Islamic equivalent of interest rate swaps, foreign

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

If you already have an account, please sign in here.


Want to know what’s included in our free registration? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here