Risk management in Islamic finance
an analysis of derivatives instruments in commodity markets
Muhammad Al-Bashir Muhammad Al-Amine
337 pages | ~9 hrs
Risk management in Islamic finance
an analysis of derivatives instruments in commodity markets
By Muhammad Al-Bashir Muhammad Al-Amine
This comprehensive exploration delves into the intersection of faith-based principles and modern financial risk management, offering readers a thoughtful examination of how Islamic legal frameworks address contemporary market instruments. The author presents a detailed analysis of derivative contracts within Islamic finance, carefully weighing their benefits against religious considerations and proposing spiritually aligned alternatives.
Readers will discover how traditional Islamic concepts can be applied to modern financial challenges, particularly in commodity markets where forward contracts, futures, and options present both opportunities and ethical dilemmas. The work examines crucial questions surrounding currency trading, gold transactions, and debt management while remaining grounded in Islamic jurisprudence.
The book introduces innovative solutions such as khiyar al-shart and bay al-arbun as risk management tools that honor religious principles while addressing practical financial needs. A significant portion focuses on the permissibility of options contracts under Islamic law, particularly examining the complex issue of trading pure rights.
For those seeking to understand how ancient wisdom can guide modern financial decisions, this scholarly work provides valuable insights into creating ethical investment strategies. The author's thorough investigation of legal precedents and contemporary applications offers readers a framework for navigating financial markets while maintaining spiritual integrity.
This resource serves both academic researchers and practitioners who wish to align their financial activities with their religious convictions, presenting complex legal concepts in an accessible manner.
What You'll Discover
- ✓ Explore Religious aspects of Risk management
- ✓ Explore Sales (Islamic law0
- ✓ Explore Religious aspects of Commodity exchanges
- ✓ Explore Finance, law and legislation
- ✓ Explore Religious aspects
- ✓ Explore Commodity exchanges
- ✓ Explore Risk management
- ✓ Explore Option (contract)
Topics
Details
- Published
- 2008
- Publisher
- Brill
- ISBN-13
- 9789004152465
- ISBN-10
- 9004152466
- Pages
- 337
- Language
- EN
- LC Classification
- KBP962.8.A43 2008
