Exploring legal, regulatory and shari‘ah compliance issues in Islamic financial instruments : derivatives and sukuk

In general derivatives, futures, options and swaps are considered against the principles of shari‘ah for various reasons, such as the absence of asset-backed deals, dealing in prohibited transaction of debt, presence of element of gharar (uncertainty), gambling, absence or non-existence of subject m...

Full description

Bibliographic Details
Main Author: Rattu, Muhammad Umer
Published: Durham University 2013
Subjects:
320
Online Access:http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.573723