Modern collateral instruments and underlying assets for collateral: a sharīʿah compatibility analysis

• Main Authors: Adawiah, Engku Rabiah, Mohd. Sulaiman, Aiman @ Nariman, Haron, Muhamad Nasir, Jaafar, Syaza Jamilah 'Inani
• Format: Monograph
• Language: English
• Published: International Shari’ah Research Academy for Islamic Finance (ISRA) 2018
• Subjects: KBP Islamic Law
• Online Access: http://irep.iium.edu.my/70771/1/70771%20-%20Modern%20collateral%20instruments%20and%20underlying%20assets%20for%20collateral.pdf; http://irep.iium.edu.my/70771/; https://ifikr.isra.my/library/pub/10315/modern-collateral-instruments-and-underlying-assets-for-collateral-a-shar%C4%AB%CA%BFah-compatibility-analysis

Collateral or security is an integral part of the banking industry as it serves as a risk mitigation device. It is a common practice for banks and financial institutions to request security from their customers for financing facilities that will act as a “cushion” for the financial institutions...