Exploring financial derivatives through Shariah principles: identifying parallels in Islamic jurisprudence and modern finance

This paper analyzes the key features of financial derivatives and explores their compatibility with Shariah principles by comparing them with contracts in Islamic jurisprudence, such as salam, istisnā’, and wa’d. The study highlights how these Islamic contracts align with the underlying functions of...

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Bibliographic Details
Main Authors: Nasrun, Mohamad Ghazali, Md. Sawari, Mohd. Fuad, Ghalia, Bouhedda, Syed Jaafar Alhabshi, Syed Musa
Format: Article
Language:en
Published: Usuli Faqih Research Centre 2025
Subjects:
Online Access:http://irep.iium.edu.my/124364/7/124364_Exploring%20financial%20derivatives%20through%20Shariah%20principles.pdf
http://irep.iium.edu.my/124364/
https://al-qanatir.com/aq/article/view/1042
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