There are a few brands of sweet liquors but one of the best- known among them is **Malibu Coconut Rum**, a product that has its origins on the Caribbean island of Barbados. **Tasting Attributes:**. Malibu Coconut Rum is clear with an easy- flowing consistency that is similar to water but slightly oily. The aroma of this rum is one of coconut, spice, and alcohol and a good swirl in a glass helps to bring the aroma to the forefront and whet the appetite.