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Pak rupee futures post record volume growth in May


Pak rupee futures post record volume growth in May
muzaffarrizvi@khaleejtimes.com
Filed on June 2, 2021
The Silver Futures Contract recorded a year-to-date (YTD) volume growth of 139 per cent compared to the same period last year
The Dubai Gold and Commodities Exchange (DGCX) on Wednesday announced that it registered a monthly average open interest (AOI) of 208,343 contracts worth a total value of $12,853 million in May.
The Silver Futures Contract recorded a year-to-date (YTD) volume growth of 139 per cent compared to the same period last year.
INR, PKR Futures
The region’s leading derivatives exchange also noticed that the newly launched Pakistani rupee (PKR) futures contract grow with a total of 2,028 lots valued at $26.38 million traded since its launch in April. Elsewhere, the DGCX’s Indian rupee mini futures contract recorded a year-on-year (YOY) average daily volume (ADV) growth of 45 per cent during the month. ....

United Arab Emirates , Khaleej Times , Muzaffar Rizvi , Bal Krishen , Global Islamic Financial Services , Israel Securities Authority , Commodities Exchange , S Royal Group Mongolia , Dubai Gold , Silver Futures Contract , Royal Group Mongolia , Century Financial , Futures Contract , News Editor , Century Financial , Bal Krishen , ஒன்றுபட்டது அரபு அமீரகங்கள் , காழீஜ் முறை , முஜப்பார் ரிஜ்வி , பால் கிரீஷேன் , உலகளாவிய இஸ்லாமிய நிதி சேவைகள் , இஸ்ரேல் பத்திரங்கள் அதிகாரம் , பொருட்கள் பரிமாற்றம் , துபாய் தங்கம் , வெள்ளி எதிர்காலங்கள் ஒப்பந்த , சிஇஎன்டியுவ்ஆர்ஒய் நிதி ,

DGCX Signs MoU With Global Islamic Financial Services Firm To Promote Shari'ah Contracts


DGCX Signs MoU With Global Islamic Financial Services Firm To Promote Shari’ah Contracts
Date
29/04/2021
Global Islamic Financial Services Firm (GIFS) to collaborate with DGCX to develop Islamic future contracts and products
MoU will
promote DGCX’s Shariah gold contract and expand the provision of innovative, market-leading services and products in adherence to Islamic finance principles
 
The Dubai Gold and Commodities Exchange (DGCX), the region’s leading derivatives exchange, has signed a strategic Memorandum of Understanding (MoU) with Global Islamic Financial Services (GIFS) to partner on the future development of Islamic derivatives and commodities, as well as promote the DGCX’s Shari’ah gold contract, which adheres to Shari’ah principles for the ownership of gold. ....

United Arab Emirates , Global Islamic Financial Services Firm , Global Islamic Financial Services , Commodities Exchange , Dubai Gold , Middle East , ஒன்றுபட்டது அரபு அமீரகங்கள் , உலகளாவிய இஸ்லாமிய நிதி சேவைகள் நிறுவனம் , உலகளாவிய இஸ்லாமிய நிதி சேவைகள் , பொருட்கள் பரிமாற்றம் , துபாய் தங்கம் ,

DGCX partners with GIFS to promote Shari'ah contracts


DGCX partners with GIFS to promote Shari’ah contracts
DUBAI, April 29, 2021
The Dubai Gold and Commodities Exchange (DGCX), a leading derivatives exchange, has signed a strategic agreement with Global Islamic Financial Services (GIFS) to partner on the development of Islamic derivatives and commodities.
The memorandum of understanding (MoU) also aims to promote the DGCX’s Shari’ah gold contract, which adheres to Shari’ah principles for the ownership of gold.
Under the MoU, both organizations will collaborate on areas of mutual benefit, including the development of Islamic future contracts and products, and the sales and promotion of Islamic financial products. ....

United Arab Emirates , Ismail Desai , Global Islamic Financial Services Firm , Global Islamic Financial Services , Commodities Exchange , Tradearabia News Service , Dubai Gold , Islamic Finance , Shariah Compliant , Central Banks , Silver Futures Contract , Tradearabia News , ஒன்றுபட்டது அரபு அமீரகங்கள் , இஸ்மாயில் தேசாய் , உலகளாவிய இஸ்லாமிய நிதி சேவைகள் நிறுவனம் , உலகளாவிய இஸ்லாமிய நிதி சேவைகள் , பொருட்கள் பரிமாற்றம் , துபாய் தங்கம் , இஸ்லாமிய நிதி , மைய வங்கிகள் , வெள்ளி எதிர்காலங்கள் ஒப்பந்த ,