Application of shariah principles in Islamic foreign exchange options

• Main Authors: Nor Fahimah, M.R., Ahmad Sufian, C.A.
• Format: Conference or Workshop Item
• Language: English
• Published: 2016
• Subjects: Islam; H Social Sciences (General)
• Online Access: http://eprints.um.edu.my/15922/1/Nor_Fahimah_%26_Ahmad_Sufian-kertas_kerja_penuh.pdf; http://eprints.um.edu.my/15922/

In accordance with the dire need for derivative-like products, Islamic financial institutions eventually initiated their efforts to design a product with suitable contracts. Option-like Islamic products began to be offered by Islamic financial institutions a few years ago. Today, the products have p...