{"id":57982,"date":"2023-08-23T15:41:46","date_gmt":"2023-08-23T07:41:46","guid":{"rendered":"http:\/\/wordpress-my-161844363.ap-southeast-1.elb.amazonaws.com\/articles\/?p=57982"},"modified":"2023-08-23T15:41:46","modified_gmt":"2023-08-23T07:41:46","slug":"cgs-cimb-global-shariah-futures-launch","status":"publish","type":"post","link":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch","title":{"rendered":"CGS-CIMB Announce Launch Of Global Shariah-Compliant Futures"},"content":{"rendered":"

CGS-CIMB Futures has announced the launch of its Global Shariah-Compliant Futures (SCF) Account for Chicago Mercantile Exchange (CME) and Singapore Exchange (SGX) products. <\/span><\/p>\n

This is the first of such products in Malaysia and marks a significant expansion of CGS-CIMB offerings beyond Bursa Malaysia Derivatives.<\/span><\/p>\n

\u201cThe visionary leadership of regulatory bodies and the unwavering dedication of capital market players have paved the way for this historic milestone. <\/span><\/p>\n

“This innovative offering is a testament to the convergence of Shariah principles with modern financial instruments, as well as the harmony between traditional values and progressive financial solutions,\u201d says Professor Dr. Aznan Hasan, Shariah Advisor of CGS-CIMB Securities Sdn Bhd.<\/span><\/p>\n

The principles of Shariah investment lie in fairness, justice, and shared prosperity. As such, the introduction of Malaysia\u2019s First Global Shariah-Compliant Futures Account, will empower investors to engage in the global market while upholding principles of transparency, risk-sharing, and social responsibility.<\/span><\/p>\n

CGS-CIMB recognises that factors such as risk, return, liquidity, and cost remain a key concern when investing in volatile markets. <\/span><\/p>\n

The Global Shariah-Compliant Futures seeks to offer the right balance for investors, offering an alternate form of investment that is in line with their values.<\/span><\/p>\n

\u201cWe are grateful to be Malaysia\u2019s first derivative broker to launch the Global Shariah-Compliant Futures account. As we embark on this new chapter, let us remain mindful of the vast potential that lies ahead. <\/span><\/p>\n

“This innovation holds the power to attract a diverse spectrum of investors seeking to align their financial aspirations with their faith,\u201d says Azizah Mohd Yatim, Chief Executive Officer of CGS-CIMB Securities Malaysia.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The Global Shariah-Compliant Futures seeks to expand options for investors and cater to the growing demand for sustainable investing. <\/p>\n","protected":false},"author":58,"featured_media":57983,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,347,216],"tags":[1164,772,660,997,1064,982],"class_list":["post-57982","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investment","category-islamic-finance","category-news-updates","tag-cgs-cimb","tag-investing","tag-investment","tag-islamic-financing","tag-islamic-investments","tag-news"],"acf":[],"yoast_head":"\nCGS-CIMB Announce Launch Of Global Shariah-Compliant Futures<\/title>\n<meta name=\"description\" content=\"The Global Shariah-Compliant Futures seeks to expand options for investors and cater to the growing demand for sustainable investing.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CGS-CIMB Launches First Global Shariah-Compliant Futures Account for CME And SGX\" \/>\n<meta property=\"og:description\" content=\"The Global Shariah-Compliant Futures seeks to expand options for investors and cater to the growing demand for sustainable investing.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch\" \/>\n<meta property=\"og:site_name\" content=\"iMoney Malaysia\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-23T07:41:46+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/23124427\/30.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"628\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Jordan Low\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Jordan Low\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch\",\"url\":\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch\",\"name\":\"CGS-CIMB Announce Launch Of Global Shariah-Compliant Futures\",\"isPartOf\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/23124427\/30.png\",\"datePublished\":\"2023-08-23T07:41:46+00:00\",\"dateModified\":\"2023-08-23T07:41:46+00:00\",\"author\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6\"},\"description\":\"The Global Shariah-Compliant Futures seeks to expand options for investors and cater to the growing demand for sustainable investing.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#primaryimage\",\"url\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/23124427\/30.png\",\"contentUrl\":\"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/23124427\/30.png\",\"width\":1200,\"height\":628,\"caption\":\"Image Source: CGS-CIMB\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.imoney.my\/articles\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"News Updates\",\"item\":\"https:\/\/www.imoney.my\/articles\/category\/news-updates\"},{\"@type\":\"ListItem\",\"position\":3,\"name\":\"CGS-CIMB Announce Launch Of Global Shariah-Compliant Futures\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#website\",\"url\":\"https:\/\/www.imoney.my\/articles\/\",\"name\":\"iMoney Malaysia\",\"description\":\"Everything you need to know about improving your personal finances.\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.imoney.my\/articles\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6\",\"name\":\"Jordan Low\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g\",\"caption\":\"Jordan Low\"},\"description\":\"With a background in history and public relations, Jordan has ample experience in business and creative writing, especially in the field of SMEs and Human Resources.\",\"url\":\"https:\/\/www.imoney.my\/articles\/author\/jordan-low\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"CGS-CIMB Announce Launch Of Global Shariah-Compliant Futures","description":"The Global Shariah-Compliant Futures seeks to expand options for investors and cater to the growing demand for sustainable investing.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch","og_locale":"en_US","og_type":"article","og_title":"CGS-CIMB Launches First Global Shariah-Compliant Futures Account for CME And SGX","og_description":"The Global Shariah-Compliant Futures seeks to expand options for investors and cater to the growing demand for sustainable investing.","og_url":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch","og_site_name":"iMoney Malaysia","article_published_time":"2023-08-23T07:41:46+00:00","og_image":[{"width":1200,"height":628,"url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/23124427\/30.png","type":"image\/png"}],"author":"Jordan Low","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Jordan Low","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch","url":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch","name":"CGS-CIMB Announce Launch Of Global Shariah-Compliant Futures","isPartOf":{"@id":"https:\/\/www.imoney.my\/articles\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#primaryimage"},"image":{"@id":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#primaryimage"},"thumbnailUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/23124427\/30.png","datePublished":"2023-08-23T07:41:46+00:00","dateModified":"2023-08-23T07:41:46+00:00","author":{"@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6"},"description":"The Global Shariah-Compliant Futures seeks to expand options for investors and cater to the growing demand for sustainable investing.","breadcrumb":{"@id":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#primaryimage","url":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/23124427\/30.png","contentUrl":"https:\/\/static.imoney.my\/articles\/wp-content\/uploads\/2023\/08\/23124427\/30.png","width":1200,"height":628,"caption":"Image Source: CGS-CIMB"},{"@type":"BreadcrumbList","@id":"https:\/\/www.imoney.my\/articles\/cgs-cimb-global-shariah-futures-launch#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.imoney.my\/articles\/"},{"@type":"ListItem","position":2,"name":"News Updates","item":"https:\/\/www.imoney.my\/articles\/category\/news-updates"},{"@type":"ListItem","position":3,"name":"CGS-CIMB Announce Launch Of Global Shariah-Compliant Futures"}]},{"@type":"WebSite","@id":"https:\/\/www.imoney.my\/articles\/#website","url":"https:\/\/www.imoney.my\/articles\/","name":"iMoney Malaysia","description":"Everything you need to know about improving your personal finances.","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.imoney.my\/articles\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/504ffd45ac95c1aed85e1dfc7d4c4ea6","name":"Jordan Low","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.imoney.my\/articles\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/6511133f37ebe996d0f85c23225c28b6?s=96&d=mm&r=g","caption":"Jordan Low"},"description":"With a background in history and public relations, Jordan has ample experience in business and creative writing, especially in the field of SMEs and Human Resources.","url":"https:\/\/www.imoney.my\/articles\/author\/jordan-low"}]}},"_links":{"self":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/57982"}],"collection":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/users\/58"}],"replies":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/comments?post=57982"}],"version-history":[{"count":3,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/57982\/revisions"}],"predecessor-version":[{"id":57990,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/posts\/57982\/revisions\/57990"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media\/57983"}],"wp:attachment":[{"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/media?parent=57982"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/categories?post=57982"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.imoney.my\/articles\/wp-json\/wp\/v2\/tags?post=57982"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}