000 | 02417nam a22004094a 4500 | ||
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001 | WPIEA2012063 | ||
003 | IMF | ||
005 | 20190408083315.0 | ||
006 | m o d | ||
007 | cr cn||||||||| | ||
008 | 020129s2012 dcu o i00 0 eng d | ||
020 |
_a1463938403 : _c18.00 USD |
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020 | _z9781463938406 | ||
022 | _a1018-5941 | ||
024 | 7 |
_a10.5089/9781463938406.001 _2doi |
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035 | _a(IMF)WPIEA2012063 | ||
040 |
_aDcWaIMF _beng |
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100 | 1 | _aSole, Juan. | |
245 | 1 | 0 |
_aOperative Principles of Islamic Derivatives _h[electronic resource] : _bTowards a Coherent Theory / _cJuan Sole. |
260 |
_aWashington, D.C. : _bInternational Monetary Fund, _c2012. |
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300 | _a1 online resource (33 p.) | ||
490 | 1 |
_aIMF Working Papers; Working Paper ; _vNo. 12/63 |
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520 | 3 | _aDerivatives 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 and services between counterparties rather than interest or a guaranteed return. The paper explains the fundamental legal principles underpinning Islamic finance with a view towards developing a cohesive theory of derivatives subject to shari'ahprinciples. After critically reviewing accepted contracts and the scholastic debate surrounding existing financial innovation in this area, the paper offers an axiomatic perspective on a principle-based permissibility of derivatives under Islamic law. | |
588 | _aDescription based on print version record. | ||
650 | 7 |
_aBusiness Economics: General _2imf |
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650 | 7 |
_aDerivatives _2imf |
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650 | 7 |
_aGharar _2imf |
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650 | 7 |
_aHedging _2imf |
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650 | 7 |
_aIjara _2imf |
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650 | 7 |
_aIslamic Law _2imf |
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651 | 7 |
_aMalaysia _2imf |
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700 | 1 | _aJobst, Andreas A. | |
700 | 1 | _aSole, Juan. | |
776 | 0 | 8 |
_iPrint Version: _aSole, Juan. _tOperative Principles of Islamic Derivatives : Towards a Coherent Theory _dWashington, D.C. : International Monetary Fund, 2012. _z9781463938406 |
830 | 0 |
_aIMF Working Papers; Working Paper ; _vNo. 12/63 |
|
856 | 4 | 0 |
_uhttp://elibrary.imf.org/view/IMF001/12664-9781463938406/12664-9781463938406/12664-9781463938406.xml _zIMF e-Library |
856 | 4 | 0 |
_uhttp://www.imfbookstore.org/IMFORG/9781463938406 _zIMF Book Store |
999 |
_c166136 _d166136 |