Operative Principles of Islamic Derivatives : Towards a Coherent Theory /
Derivatives are few and far between in countries where the compatibility of financial transactions with Islamic law requires the development of shari'ah-compliant structures. Islamic finance is governed by the shari'ah, which bans speculation and gambling, and stipulates that income must b...
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Other Authors: | |
Format: | Journal |
Language: | English |
Published: |
Washington, D.C. :
International Monetary Fund,
2012.
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Series: | IMF Working Papers; Working Paper ;
No. 2012/063 |
Online Access: | Full text available on IMF |