Malaysia legislation
Section 5
Section 5
(a)
over-the-counter derivatives;
(b)
repurchase, reverse repurchase, buy-sell back in respect of securities; or
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Act 766
(c)
a lending or borrowing of unlisted debt securities under the Real Time Electronic Transfer of Funds and Securities
System established under subsection 44(1) of the Central
Bank of Malaysia Act 2009 [Act 701].
(2)
In this section, “derivative” means any agreement including an option, a swap, futures or forward contract, whose market price, value, or delivery or payment obligation is derived from, referenced to or based on, but not limited to, securities, commodities, assets, rates (including interest rates, profit rates or exchange rates) or indices and shall include a derivative which is in accordance with
Shariah.
Power of Minister to prescribe other qualified financial agreement, netting provision and qualified financial transaction