Stock investing from an Islamic perspective and the uncertainty of gharar

Gharar (excessive risk or uncertainty) is prohibited in Islam and its presence in financial contracts makes these contracts null and void. The prohibition of gharar can also extend to investing in stocks. Very few studies have investigated how gharar affects stocks in investing. Consequently, very f...

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Bibliographic Details
Main Author: Kamal, Omar Marwan
Published: Coventry University 2001
Subjects:
332
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.364685