ISLAMIC COMMERCIAL LAW by Mohammad Hashim Kamali ( 9780946621804 )

Item Details

Title:

ISLAMIC COMMERCIAL LAW
AN ANALYSIS OF FUTURES AND OPTIONS

By:

Mohammad Hashim Kamali

Format:

Paperback

List price:

£19.99

Our price:

£14.59

Discount:

27% off

You save:

£5.40

ISBN 10:

0946621802

ISBN 13:

9780946621804

Availability:

Usually dispatched within 1-2 days.

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Stock:

Currently 2 available

Publisher:

THE ISLAMIC TEXTS SOCIETY

Pub. date:

1 January, 1990

Pages:

276

Description:

This text focuses on options and futures as trading tools and explores their validity from an Islamic legal point of view. The author's analysis is based on an interpretation of the Qur'an and the Sunna and refers to the principle of "mashala" (consideration of public interest).

Synopsis:

Islamic Commercial Law: An Analysis of Futures and Options focuses on options and futures as trading tools and explores their validity from an Islamic point of view. Futures and options are a completely new phenomenon which has no parallel in Islamic commercial law. After reviewing the existing rules of Islamic law of contract and verifying their relevance or otherwise to futures trading, the author, Professor M H Kamali, advances a new perspective on the issue of futures and options based on an interpretation of the Quran and the Sunnah and referring to the principle of maslaha (consideration of public interest) as enshrined in the Shariah. Islamic Commercial Law consists of three parts. Part One is devoted to the description of futures trading and the understanding of operational procedures of futures and futures markets; Part Two investigates the issue of permissibility of futures trading in Islamic law and the underlying questions of risk-taking and speculation, which are of central concern to the topic. Part Three is devoted to an analysis of options. This work will be of use to anyone working on Islamic law, comparative law or working in Islamic banking.

Illustrations:

bibliography, glossary, index

Publication:

Imprint:

The Islamic Texts Society

Returns:

Returnable

Some other items by this author:

A TEXTBOOK OF HADITH STUDIES

A TEXTBOOK OF HADITH STUDIES (HB)

A TEXTBOOK OF HADITH STUDIES (PB)

CRIME AND PUNISHMENT IN ISLAMIC LAW (HB)