Language
English
English
Degree
M.Sc
Select type of work
CIS Program Old
CIS publications
No
CIS Thesis
Yes
Student Name
Sulaiman, M. Fadzlan
Year of Graduation
2016
CIS Library Call Number
Thesis QFIS IF 2016/5
QF Thematic Areas
CIS Program
Abstract
| This study attempts to resolve the dispute among the contemporary scholars and researchers concerning the existing Islamic financial derivatives in the market whether or not they are established in accordance with the Shariah principles and they achieve the objective of Shariah (maqasid al-shariah). This paper observes the dispute of the legitimacy of the Islamic financial derivatives from fiqh and maqasid al-shariah perspectives by studying the concept of the conventional financial derivatives, the structure of the Islamic financial derivatives and their Shariah rulings. On top of that, this paper elaborates whether or not the financial derivatives are crucial and could be regarded as public interest (al-maslahah), thus, they achieve the objective of Shariah (maqasid al-shariah). |
CIS Research Foci