Spirit produced by rubber? (5)

I believe the answer is:

genie

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'spirit' is the definition.
(I know that genie is a type of spirit)

I cannot understand how the rest of the clue works.

Can you help me to learn more?

(Other definitions for genie that I've seen before include "Arabian goblin, may be in a bottle" , "Magic spirit" , "One in Aladdin's lamp" , "Arabian jinn or spirit" , "Goblin as found in Aladdin's lamp" .)

I've seen this clue in The Times.

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