Islamic Risk Management: towards greater ethics and efficiency

Submitted by Anonymous (not verified) on Thu, 08/22/2019 - 16:08
Year
2002
Country
United States
Language
English
Abstract

Hedging is in conformity with Islamic theories economics; hedging with derivatives is not, because derivatives make large scale speculation possible. Thus, derivatives are not actually acceptable in the practice of Islamic finance. However, the Islamic financial system does provide alternative means of ethical risk management solutions.

English
ISSN/ISBN
0972-138X
No. of Pages
pp. 18
Number
4
Volume
3
Select type of work
CIS Program Old
CIS publications
No
CIS Thesis
No