Analiza możliwości zawierania transakcji opcyjnych na islamskim rynku finansowym

• Authors: Sobol, Iwona

Title variants

PL

Analysis of possibilities of entering into option transactions in Islamic financial market

Abstracts

EN

The aim of this paper is the analysis of options in the context of Islamic finance. Traditional options in most cases cannot be offered by Islamic financial institutions, since their construction is not compliant with very restrictive rules of Muslim religious law – Sharia, such as the prohibition of usury, speculation, or the obligation to avoid risk. However, given that they are an important tool in risk management, there is ongoing debate among Muslim economists about the possibility to substitute them with traditional Islamic financial instruments, i.e. contracts al-arbun and khiyar al-shart.

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Acta Universitatis Lodziensis. Folia Oeconomica
• Year: 2012
• Volume: 273

Dates

published

2012

Contributors

author

Sobol, Iwona

other

Uniwersytet Gdański; Wydział Ekonomiczny; Instytut Handlu Zagranicznego

Identifiers

URI

http://hdl.handle.net/11089/2123