Financial Engineering in Islamic Finance the Way Forward: A Case for Shariah Compliant Derivatives (Paperback) (ISBN-13: 9781482828436)

Financial Engineering in Islamic Finance the Way Forward: A Case for Islamic Derivatives has been envisioned as a sequel to Contracts and Deals in Islamic Finance: A User's Guide to Cash Flows, Balance Sheets, and Capital Structures. Product development in Islamic finance bas been based upon the usage of various sale and lease contracts and combinations of the same. In our current work, we explore the idea even further and look at structures based on the concept of wa'd. Islamic banks need to develop structures that behave like options and futures, and the shariah community needs to look closely at issues related to forward sales. In this book, we have explored these avenues, made recommendations, and have hopefully encouraged some dialogue in this area.

Author: Hussain Kureshi,Septia Irani Mukhsia
ISBN-10: 148282843X
ISBN-13: 9781482828436
Publisher: Partridge Singapore
Language: English
Published: 01/08/2015
Pages: 222
Format: Paperback
Weight: 0.67lbs
Size: 9.00h x 6.00w x 0.47d