Operative Principles of Islamic Derivatives - Towards a Coherent Theory

Working Paper No. 12/63

Nopic
Derivatives are few and far between in countries where the compatibility of financial transactions with Islamic law requires the development of shari'ah-compliant structures. Islamic finance is governed by the shari'ah, which bans speculation and gambling, and stipulates that income must be derived as profits from the shared generation of goods... READ MORE...

Publication date: March 2012
ISBN 9781463938406
$18.00

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Publication date: March 2012

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Publication date: March 2012

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