Gharar and mispricing of equity warrants, Malaysian evidence

• المؤلف الرئيسي: Haron, Razali
• التنسيق: Conference or Workshop Item
• اللغة: English; English
• منشور في: 2014
• الموضوعات: HG4001 Financial management. Business finance. Corporation finance.
• الوصول للمادة أونلاين: http://irep.iium.edu.my/37242/1/Paper_ID_182_Razali_Haron_IREP.pdf; http://irep.iium.edu.my/37242/2/IBF_2014_Conference_Programme.pdf; http://irep.iium.edu.my/37242/

In Islamic finance, the use of derivatives seems to be in dispute among the scholars despites its prominent emergence in the market. Majority of scholars object the use of derivatives on the basis that it contains the element of gharar. The Jeddah Fiqh of Academy rules that options are objectionable...