Descript |
x, 260 pages |
Contents |
1. Introduction; 2. Truth Formation in Mua'amalat; a. The Path to the Truth: The Role of Maslaha, Qiyas, and Igma'a; b. Truth-seeking in the Scripture: The Reality Imposed by Critical Rationalism and Hermeneutics; 3. Market Risks and Their Management; a. Risk and its Managementb. Risk Identification; c. Risk Measurement; d. Risk Strategy; e. Rationale for Hedging; 4. Conventional Derivatives: Theory and Practice; a. Economics of Derivatives; b. Conventional Derivative Instruments; 5. Derivatives in Islamic Finance; a. Resolutions by Standard-setting Bodies in Islamic Jurisprudence; b. Theoretical Shari'a Issues; c. Contractual Shari'a Issues; d. Contemporary Derivatives in Islamic finance; 6. Permissibility of the Underlying Variables and the Recognition of the Contract; a. Permissibility of the Underlying Variables: Interest Rate Benchmarks; b. Permissibility of the Underlying Variables: Currency Benchmarks; c. The Nature of Money in Islam; d. The Recognition of the Derivatives Contract; 7. Maysir, Hedging, Derivatives; a. A Conceptualization of Maysir in Islamic and Western Thought; b. Maysir, Gharar, and the Indeterminacy of the Zero-sum Prohibition; c. Investment, Speculation, and Gambling: The Environment of Risk Management; d. The Role of Financial Intermediaries as Speculators; 8. Conclusion and Ending Remarks. |
Note |
400 annual accesses. UkHlHU |
ISBN |
9780748695713 (e-book) |
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9780748695690 (hbk.) |
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9780748695706 (pbk.) |
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9780748695713 (webready PDF) |
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9780748695720 (epub) |
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