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Singapore Kilobar Gold contract now Syariah compliant

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The Singapore Kilobar Gold Contract of the Singapore Exchange (SGX) has become the world's first Syariah-compliant gold futures.

Singapore

THE Singapore Kilobar Gold Contract of the Singapore Exchange (SGX) has become the world's first Syariah-compliant gold futures.

SGX said this endorsement by Islamic scholars on its physically settled futures contract unlocks a new investment and risk management option

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