Description: "Islamic Commercial Law: An Analysis of Futures and Options" is a ground-breaking study, written by a renowned scholar in the field of Islamic law, Prof M. H. Kamali, focusing on options and futures as trading tools, exploring their validity from an Islamic point of view. In this work, Prof M. H. Kamali advances a new perspective on the issue of futures and options based on an interpretation of the Qur'an and the Sunna and referring to the principle of "maslaha" (consideration of public interest) as enshrined in the Sharia.---"Islamic Commercial Law" consists of three parts. Part One is devoted to the description of futures trading and the understanding of operational procedures of futures and futures markets. Part Two investigates the issue of permissibility of futures trading in Islamic law and the underlying questions of risk-taking and speculation, which are of central concern to the topic. Part Three is devoted to an analysis of options. Prof M. H. Kamali concludes this work by providing the most advisable approach to commercial speculation in futures and options, especially the one that most serves the public interest as enshrined in Sharia. So as to aid the reader's understanding of this topic, the author also includes a helpful glossary of all technical Arabic terms that appear in this work. Prof M. H. Kamali's "Islamic Commercial Law" is recommended reading for anyone working on Islamic law, comparative law, or Islamic banking, and is an essential contribution to the topic of Islamic commercial law.
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EAN: 9780946621804
UPC: 9780946621804
ISBN: 9780946621804
MPN: N/A
Book Title: Islamic Commercial Law: An Analysis of Futures and
Number of Pages: 262 Pages
Language: English
Publication Name: Islamic Commerical Law : an Analysis of Futures and Options
Publisher: Islamic Texts Society
Subject: Commercial / General, Islam / Law, Islamic Studies
Publication Year: 1990
Item Height: 0.9 in
Type: Textbook
Item Weight: 15.9 Oz
Author: Mohammad Hashim Kamali
Subject Area: Law, Religion, Social Science
Item Length: 9.2 in
Item Width: 6 in
Format: Trade Paperback
