Derivatives in Islamic Finance: Examining the Market Risk Management Framework
An economic and legal analysis of derivative hedging instruments in Islamic financeThe Islamic finance industry faces the challenging task of attempting to reconcile the risk management demands of business entities with the difficulties posed by the seemingly rigid stance taken by some Shari'ah...
Gespeichert in:
1. Verfasser: | |
---|---|
Format: | Elektronisch E-Book |
Sprache: | English |
Veröffentlicht: |
Edinburgh
Edinburgh University Press
[2022]
|
Schriftenreihe: | Edinburgh Guides to Islamic Finance : EGIF
|
Schlagworte: | |
Online-Zugang: | FAW01 FAB01 FCO01 FHA01 FKE01 FLA01 UPA01 UBG01 URL des Erstveröffentlichers |
Zusammenfassung: | An economic and legal analysis of derivative hedging instruments in Islamic financeThe Islamic finance industry faces the challenging task of attempting to reconcile the risk management demands of business entities with the difficulties posed by the seemingly rigid stance taken by some Shari'ah scholars over hedging practices. Offering a fresh perspective, Sherif Ayoub confronts the challenge by reformulating how we might think about the theorisation of economic matters in the Islamic faith. He also considers the associated perceptions of permissibility that have until now been confined to the legal sphere, with a focus on contractual elements.Ayoub sheds light on the way the Islamic finance industry conceptualises the role of financial instruments. Paying particular attention to derivatives in a market risk management framework that adheres to the objectives of Islamic jurisprudence, readers will come to understand the issues surrounding the avoidance of Riba (usury), Gharar (excessive uncertainty) and Maysir (gambling).Key FeaturesScrutinises the rationale and basis of Shari'ah resolutions and standards set by various bodies in the Islamic finance industry prohibiting the use of derivative hedging instruments Uses economic theory and actual market practices to show the benefits of the contemporary risk management framework Introduces new topics that are relevant to the discussion including the conceptualisation of money, gambling, and financial intermediaries |
Beschreibung: | Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022) |
Beschreibung: | 1 Online-Ressource (272 pages) |
ISBN: | 9780748695713 |
DOI: | 10.1515/9780748695713 |
Internformat
MARC
LEADER | 00000nmm a2200000zc 4500 | ||
---|---|---|---|
001 | BV047869435 | ||
003 | DE-604 | ||
005 | 00000000000000.0 | ||
007 | cr|uuu---uuuuu | ||
008 | 220308s2022 |||| o||u| ||||||eng d | ||
020 | |a 9780748695713 |9 978-0-7486-9571-3 | ||
024 | 7 | |a 10.1515/9780748695713 |2 doi | |
035 | |a (ZDB-23-DGG)9780748695713 | ||
035 | |a (OCoLC)1304485484 | ||
035 | |a (DE-599)BVBBV047869435 | ||
040 | |a DE-604 |b ger |e rda | ||
041 | 0 | |a eng | |
049 | |a DE-1043 |a DE-1046 |a DE-858 |a DE-Aug4 |a DE-859 |a DE-860 |a DE-473 |a DE-739 | ||
082 | 0 | |a 332.6457091767 | |
100 | 1 | |a Ayoub, Sherif |e Verfasser |4 aut | |
245 | 1 | 0 | |a Derivatives in Islamic Finance |b Examining the Market Risk Management Framework |c Sherif Ayoub |
264 | 1 | |a Edinburgh |b Edinburgh University Press |c [2022] | |
264 | 4 | |c © 2014 | |
300 | |a 1 Online-Ressource (272 pages) | ||
336 | |b txt |2 rdacontent | ||
337 | |b c |2 rdamedia | ||
338 | |b cr |2 rdacarrier | ||
490 | 0 | |a Edinburgh Guides to Islamic Finance : EGIF | |
500 | |a Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022) | ||
520 | |a An economic and legal analysis of derivative hedging instruments in Islamic financeThe Islamic finance industry faces the challenging task of attempting to reconcile the risk management demands of business entities with the difficulties posed by the seemingly rigid stance taken by some Shari'ah scholars over hedging practices. Offering a fresh perspective, Sherif Ayoub confronts the challenge by reformulating how we might think about the theorisation of economic matters in the Islamic faith. He also considers the associated perceptions of permissibility that have until now been confined to the legal sphere, with a focus on contractual elements.Ayoub sheds light on the way the Islamic finance industry conceptualises the role of financial instruments. Paying particular attention to derivatives in a market risk management framework that adheres to the objectives of Islamic jurisprudence, readers will come to understand the issues surrounding the avoidance of Riba (usury), Gharar (excessive uncertainty) and Maysir (gambling).Key FeaturesScrutinises the rationale and basis of Shari'ah resolutions and standards set by various bodies in the Islamic finance industry prohibiting the use of derivative hedging instruments Uses economic theory and actual market practices to show the benefits of the contemporary risk management framework Introduces new topics that are relevant to the discussion including the conceptualisation of money, gambling, and financial intermediaries | ||
546 | |a In English | ||
650 | 4 | |a Islamic Studies | |
650 | 7 | |a BUSINESS & ECONOMICS / Finance / General |2 bisacsh | |
650 | 4 | |a Financial risk management |x Islamic countries |x Islamic countries | |
650 | 4 | |a Financial risk management |z Islamic countries | |
856 | 4 | 0 | |u https://doi.org/10.1515/9780748695713 |x Verlag |z URL des Erstveröffentlichers |3 Volltext |
912 | |a ZDB-23-DGG | ||
999 | |a oai:aleph.bib-bvb.de:BVB01-033251928 | ||
966 | e | |u https://doi.org/10.1515/9780748695713 |l FAW01 |p ZDB-23-DGG |q FAW_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1515/9780748695713 |l FAB01 |p ZDB-23-DGG |q FAB_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1515/9780748695713 |l FCO01 |p ZDB-23-DGG |q FCO_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1515/9780748695713 |l FHA01 |p ZDB-23-DGG |q FHA_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1515/9780748695713 |l FKE01 |p ZDB-23-DGG |q FKE_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1515/9780748695713 |l FLA01 |p ZDB-23-DGG |q FLA_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1515/9780748695713 |l UPA01 |p ZDB-23-DGG |q UPA_PDA_DGG |x Verlag |3 Volltext | |
966 | e | |u https://doi.org/10.1515/9780748695713 |l UBG01 |p ZDB-23-DGG |q UBG_PDA_DGG |x Verlag |3 Volltext |
Datensatz im Suchindex
_version_ | 1804183450324828160 |
---|---|
adam_txt | |
any_adam_object | |
any_adam_object_boolean | |
author | Ayoub, Sherif |
author_facet | Ayoub, Sherif |
author_role | aut |
author_sort | Ayoub, Sherif |
author_variant | s a sa |
building | Verbundindex |
bvnumber | BV047869435 |
collection | ZDB-23-DGG |
ctrlnum | (ZDB-23-DGG)9780748695713 (OCoLC)1304485484 (DE-599)BVBBV047869435 |
dewey-full | 332.6457091767 |
dewey-hundreds | 300 - Social sciences |
dewey-ones | 332 - Financial economics |
dewey-raw | 332.6457091767 |
dewey-search | 332.6457091767 |
dewey-sort | 3332.6457091767 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
discipline_str_mv | Wirtschaftswissenschaften |
doi_str_mv | 10.1515/9780748695713 |
format | Electronic eBook |
fullrecord | <?xml version="1.0" encoding="UTF-8"?><collection xmlns="http://www.loc.gov/MARC21/slim"><record><leader>03897nmm a2200517zc 4500</leader><controlfield tag="001">BV047869435</controlfield><controlfield tag="003">DE-604</controlfield><controlfield tag="005">00000000000000.0</controlfield><controlfield tag="007">cr|uuu---uuuuu</controlfield><controlfield tag="008">220308s2022 |||| o||u| ||||||eng d</controlfield><datafield tag="020" ind1=" " ind2=" "><subfield code="a">9780748695713</subfield><subfield code="9">978-0-7486-9571-3</subfield></datafield><datafield tag="024" ind1="7" ind2=" "><subfield code="a">10.1515/9780748695713</subfield><subfield code="2">doi</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(ZDB-23-DGG)9780748695713</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(OCoLC)1304485484</subfield></datafield><datafield tag="035" ind1=" " ind2=" "><subfield code="a">(DE-599)BVBBV047869435</subfield></datafield><datafield tag="040" ind1=" " ind2=" "><subfield code="a">DE-604</subfield><subfield code="b">ger</subfield><subfield code="e">rda</subfield></datafield><datafield tag="041" ind1="0" ind2=" "><subfield code="a">eng</subfield></datafield><datafield tag="049" ind1=" " ind2=" "><subfield code="a">DE-1043</subfield><subfield code="a">DE-1046</subfield><subfield code="a">DE-858</subfield><subfield code="a">DE-Aug4</subfield><subfield code="a">DE-859</subfield><subfield code="a">DE-860</subfield><subfield code="a">DE-473</subfield><subfield code="a">DE-739</subfield></datafield><datafield tag="082" ind1="0" ind2=" "><subfield code="a">332.6457091767</subfield></datafield><datafield tag="100" ind1="1" ind2=" "><subfield code="a">Ayoub, Sherif</subfield><subfield code="e">Verfasser</subfield><subfield code="4">aut</subfield></datafield><datafield tag="245" ind1="1" ind2="0"><subfield code="a">Derivatives in Islamic Finance</subfield><subfield code="b">Examining the Market Risk Management Framework</subfield><subfield code="c">Sherif Ayoub</subfield></datafield><datafield tag="264" ind1=" " ind2="1"><subfield code="a">Edinburgh</subfield><subfield code="b">Edinburgh University Press</subfield><subfield code="c">[2022]</subfield></datafield><datafield tag="264" ind1=" " ind2="4"><subfield code="c">© 2014</subfield></datafield><datafield tag="300" ind1=" " ind2=" "><subfield code="a">1 Online-Ressource (272 pages)</subfield></datafield><datafield tag="336" ind1=" " ind2=" "><subfield code="b">txt</subfield><subfield code="2">rdacontent</subfield></datafield><datafield tag="337" ind1=" " ind2=" "><subfield code="b">c</subfield><subfield code="2">rdamedia</subfield></datafield><datafield tag="338" ind1=" " ind2=" "><subfield code="b">cr</subfield><subfield code="2">rdacarrier</subfield></datafield><datafield tag="490" ind1="0" ind2=" "><subfield code="a">Edinburgh Guides to Islamic Finance : EGIF</subfield></datafield><datafield tag="500" ind1=" " ind2=" "><subfield code="a">Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022)</subfield></datafield><datafield tag="520" ind1=" " ind2=" "><subfield code="a">An economic and legal analysis of derivative hedging instruments in Islamic financeThe Islamic finance industry faces the challenging task of attempting to reconcile the risk management demands of business entities with the difficulties posed by the seemingly rigid stance taken by some Shari'ah scholars over hedging practices. Offering a fresh perspective, Sherif Ayoub confronts the challenge by reformulating how we might think about the theorisation of economic matters in the Islamic faith. He also considers the associated perceptions of permissibility that have until now been confined to the legal sphere, with a focus on contractual elements.Ayoub sheds light on the way the Islamic finance industry conceptualises the role of financial instruments. Paying particular attention to derivatives in a market risk management framework that adheres to the objectives of Islamic jurisprudence, readers will come to understand the issues surrounding the avoidance of Riba (usury), Gharar (excessive uncertainty) and Maysir (gambling).Key FeaturesScrutinises the rationale and basis of Shari'ah resolutions and standards set by various bodies in the Islamic finance industry prohibiting the use of derivative hedging instruments Uses economic theory and actual market practices to show the benefits of the contemporary risk management framework Introduces new topics that are relevant to the discussion including the conceptualisation of money, gambling, and financial intermediaries</subfield></datafield><datafield tag="546" ind1=" " ind2=" "><subfield code="a">In English</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Islamic Studies</subfield></datafield><datafield tag="650" ind1=" " ind2="7"><subfield code="a">BUSINESS & ECONOMICS / Finance / General</subfield><subfield code="2">bisacsh</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Financial risk management</subfield><subfield code="x">Islamic countries</subfield><subfield code="x">Islamic countries</subfield></datafield><datafield tag="650" ind1=" " ind2="4"><subfield code="a">Financial risk management</subfield><subfield code="z">Islamic countries</subfield></datafield><datafield tag="856" ind1="4" ind2="0"><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="x">Verlag</subfield><subfield code="z">URL des Erstveröffentlichers</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="912" ind1=" " ind2=" "><subfield code="a">ZDB-23-DGG</subfield></datafield><datafield tag="999" ind1=" " ind2=" "><subfield code="a">oai:aleph.bib-bvb.de:BVB01-033251928</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="l">FAW01</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FAW_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="l">FAB01</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FAB_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="l">FCO01</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FCO_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="l">FHA01</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FHA_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="l">FKE01</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FKE_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="l">FLA01</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">FLA_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="l">UPA01</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">UPA_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield><datafield tag="966" ind1="e" ind2=" "><subfield code="u">https://doi.org/10.1515/9780748695713</subfield><subfield code="l">UBG01</subfield><subfield code="p">ZDB-23-DGG</subfield><subfield code="q">UBG_PDA_DGG</subfield><subfield code="x">Verlag</subfield><subfield code="3">Volltext</subfield></datafield></record></collection> |
id | DE-604.BV047869435 |
illustrated | Not Illustrated |
index_date | 2024-07-03T19:19:57Z |
indexdate | 2024-07-10T09:23:38Z |
institution | BVB |
isbn | 9780748695713 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-033251928 |
oclc_num | 1304485484 |
open_access_boolean | |
owner | DE-1043 DE-1046 DE-858 DE-Aug4 DE-859 DE-860 DE-473 DE-BY-UBG DE-739 |
owner_facet | DE-1043 DE-1046 DE-858 DE-Aug4 DE-859 DE-860 DE-473 DE-BY-UBG DE-739 |
physical | 1 Online-Ressource (272 pages) |
psigel | ZDB-23-DGG ZDB-23-DGG FAW_PDA_DGG ZDB-23-DGG FAB_PDA_DGG ZDB-23-DGG FCO_PDA_DGG ZDB-23-DGG FHA_PDA_DGG ZDB-23-DGG FKE_PDA_DGG ZDB-23-DGG FLA_PDA_DGG ZDB-23-DGG UPA_PDA_DGG ZDB-23-DGG UBG_PDA_DGG |
publishDate | 2022 |
publishDateSearch | 2022 |
publishDateSort | 2022 |
publisher | Edinburgh University Press |
record_format | marc |
series2 | Edinburgh Guides to Islamic Finance : EGIF |
spelling | Ayoub, Sherif Verfasser aut Derivatives in Islamic Finance Examining the Market Risk Management Framework Sherif Ayoub Edinburgh Edinburgh University Press [2022] © 2014 1 Online-Ressource (272 pages) txt rdacontent c rdamedia cr rdacarrier Edinburgh Guides to Islamic Finance : EGIF Description based on online resource; title from PDF title page (publisher's Web site, viewed 02. Mrz 2022) An economic and legal analysis of derivative hedging instruments in Islamic financeThe Islamic finance industry faces the challenging task of attempting to reconcile the risk management demands of business entities with the difficulties posed by the seemingly rigid stance taken by some Shari'ah scholars over hedging practices. Offering a fresh perspective, Sherif Ayoub confronts the challenge by reformulating how we might think about the theorisation of economic matters in the Islamic faith. He also considers the associated perceptions of permissibility that have until now been confined to the legal sphere, with a focus on contractual elements.Ayoub sheds light on the way the Islamic finance industry conceptualises the role of financial instruments. Paying particular attention to derivatives in a market risk management framework that adheres to the objectives of Islamic jurisprudence, readers will come to understand the issues surrounding the avoidance of Riba (usury), Gharar (excessive uncertainty) and Maysir (gambling).Key FeaturesScrutinises the rationale and basis of Shari'ah resolutions and standards set by various bodies in the Islamic finance industry prohibiting the use of derivative hedging instruments Uses economic theory and actual market practices to show the benefits of the contemporary risk management framework Introduces new topics that are relevant to the discussion including the conceptualisation of money, gambling, and financial intermediaries In English Islamic Studies BUSINESS & ECONOMICS / Finance / General bisacsh Financial risk management Islamic countries Islamic countries Financial risk management Islamic countries https://doi.org/10.1515/9780748695713 Verlag URL des Erstveröffentlichers Volltext |
spellingShingle | Ayoub, Sherif Derivatives in Islamic Finance Examining the Market Risk Management Framework Islamic Studies BUSINESS & ECONOMICS / Finance / General bisacsh Financial risk management Islamic countries Islamic countries Financial risk management Islamic countries |
title | Derivatives in Islamic Finance Examining the Market Risk Management Framework |
title_auth | Derivatives in Islamic Finance Examining the Market Risk Management Framework |
title_exact_search | Derivatives in Islamic Finance Examining the Market Risk Management Framework |
title_exact_search_txtP | Derivatives in Islamic Finance Examining the Market Risk Management Framework |
title_full | Derivatives in Islamic Finance Examining the Market Risk Management Framework Sherif Ayoub |
title_fullStr | Derivatives in Islamic Finance Examining the Market Risk Management Framework Sherif Ayoub |
title_full_unstemmed | Derivatives in Islamic Finance Examining the Market Risk Management Framework Sherif Ayoub |
title_short | Derivatives in Islamic Finance |
title_sort | derivatives in islamic finance examining the market risk management framework |
title_sub | Examining the Market Risk Management Framework |
topic | Islamic Studies BUSINESS & ECONOMICS / Finance / General bisacsh Financial risk management Islamic countries Islamic countries Financial risk management Islamic countries |
topic_facet | Islamic Studies BUSINESS & ECONOMICS / Finance / General Financial risk management Islamic countries Islamic countries Financial risk management Islamic countries |
url | https://doi.org/10.1515/9780748695713 |
work_keys_str_mv | AT ayoubsherif derivativesinislamicfinanceexaminingthemarketriskmanagementframework |