The Need to Establish a Regulator Islamic Commodity Market in Saudi Arabia.

Running head : Islamic Commodity Market

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Date : May 13 , 2009

1 .0 . Introduction

The operations in the general business environment are very dynamic by nature . There is no doubt that the financial markets as well as the commodity markets need to structure their business operations , so as to meet the changing business environment demands as well as the expectations (United States . Congress . Senate . 2004 . The main challenge for the main market players is to consistently be at pace with the business

environment developments , so as to have in place effective as well as timely establishments of operation standards and regulations . A number of international initiatives have focused on the state of operations of the commodity market in the Islamic market . This has been done so as to establish standards as well as benchmarks , which are set to strengthen the world commodity market . The research study intends to contribute to the need for establishing a regulator commodity market especially in the Saudi Arabia financial market (The Economist 2006

The Islamic commodity market is one of the major aspects in the world commodity market , which has achieved tremendous growth in the recent past . This is to the extent of being a substantial component within the global commodity market , and has thus gained a lot of interest as the crucial component of the world financial market (Europa Publications Staff , 2002 . The increasing demands as well as awareness for establishing investment portfolios to be in line with the...