The Resource Risk management in Islamic finance : an analysis of derivatives instruments in commodity markets, by Muhammad al-Bashir Muhammad al-Amine

Risk management in Islamic finance : an analysis of derivatives instruments in commodity markets, by Muhammad al-Bashir Muhammad al-Amine

Label
Risk management in Islamic finance : an analysis of derivatives instruments in commodity markets
Title
Risk management in Islamic finance
Title remainder
an analysis of derivatives instruments in commodity markets
Statement of responsibility
by Muhammad al-Bashir Muhammad al-Amine
Creator
Subject
Language
eng
Summary
"This study addresses derivatives instruments in Islamic finance. It highlights the benefits of these instruments, their legal aspects and the appropriate alternatives. The forward, futures and options contracts in commodity markets are discussed and the arguments in favour of and against these instruments examined. The forward contracts issue includes the possibility of trading gold in forward basis, the forward market for currencies and the possible alternative to manage related risks. With the examination of futures contracts, the main arguments against such a contract are addressed, for example the sale prior to taking possession and the sale of debt hedging and speculation. The study proposes khiyar al-shart and bay al-arbun as tools of risk management and alternatives to options. The sale of pure rights is at the center of the admissibility of options in Islamic law and is investigated comprehensively."--BOOK JACKET
Member of
Cataloging source
DLC
Dewey number
332.64/4091767
Index
index present
LC call number
KBP962.8
LC item number
.A43 2008
Literary form
non fiction
Nature of contents
bibliography
Series statement
Brill's Arab and Islamic laws series,
Series volume
v. 1
Label
Risk management in Islamic finance : an analysis of derivatives instruments in commodity markets, by Muhammad al-Bashir Muhammad al-Amine
Publication
Bibliography note
Includes bibliographical references ([319]-332) and index
http://library.link/vocab/branchCode
  • zbnus
  • mel
Contents
The forward commodities market -- Is it permissible to exchange gold with paper money on forward basis? -- The forward market for currencies -- Concept, scope of futures contracts and speculation -- Sale prior to taking possession, sale of debt -- Futures market regulation -- Concept and scope -- Khiyar Al-Shart, risk management and options -- Arbʻūn risk management and options -- The sale of pure rights and the legality of options
Control code
000043242802
Dimensions
25 cm
Extent
xx, 337 p.
Isbn
9789004152465
Isbn Type
(hardback : alk. paper)
Lccn
2008029640
http://library.link/vocab/recordID
.b2349461x
System control number
  • md2349461x
  • (OCoLC)231588822

Library Locations

    • Deakin University Library - Melbourne Burwood CampusBorrow it
      221 Burwood Highway, Burwood, Victoria, 3125, AU
      -37.846510 145.115099
    • Deakin University Library - Geelong Waurn Ponds CampusBorrow it
      75 Pigdons Road, Waurn Ponds, Victoria, 3216, AU
      -38.195656 144.304955
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