02929cam a22003977a 4500 18354823 OSt 20161026150553.0 141031s2014 stk b 001 0 eng d 2014469576 GBB450420 bnb GBB4A2988 bnb 016713904 Uk 016873873 Uk 0748695699 (hbk.) 0748695702 (pbk.) 9780748695690 (hbk.) 9780748695706 (pbk.) 9780748695713 (webready pdf) (OCoLC)ocn870290907 BTCTA eng BTCTA DLC lccopycat Alfaisal Main Library HD61 .A97 2014 Ayoub, Sherif, author. Derivatives in Islamic finance : examining the market risk management framework / Sherif Ayoub. Edinburgh : Edinburgh University Press, c2014. x, 260 p. ; 22 cm. Includes bibliographical references (p. 229-250) and index. 1. Introduction -- 2. Truth formation in Mua'amalat -- 2.0. Introduction -- 2.1. The path to the truth: the role of Maslaha, Qiyas and Igma'a -- 2.2. Truth-seeking in the scripture: the reality imposed by critical rationalism and hermeneutics -- 2.3. Conclusion -- 3. Market risks and their management -- 3.0. Introduction -- 3.1. Risk and its management -- 3.2. Risk identification -- 3.3. Risk measurement -- 3.4. Risk strategy -- 3.5. Rationale for hedging -- 3.6. Conclusion -- 4. Conventional derivatives: theory and practice -- 4.0. Introduction -- 4.1. Economics of derivatives -- 4.2. Conventional derivative instruments -- 4.3. Conclusion -- 5. Derivatives in Islamic finance -- 5.0. Introduction -- 5.1. Resolutions by standard-setting bodies in Islamic jurisprudence -- 5.2. Theoretical Shari'ah issues -- 5.3. Contractual Shari'ah issues -- 5.4. Contemporary derivatives in Islamic finance -- 5.5. Conclusion -- 6. Permissibility of the underlying variables and the recognition of the contract -- 6.0. Introduction -- 6.1. Permissibility of the underlying variables: interest rate benchmarks -- 6.2. Permissibility of the underlying variables: currency benchmarks -- 6.3. The nature of money in Islam -- 6.4. Recognition of the derivative contract -- 6.5. Conclusion -- 7. Maysir, hedging and derivatives -- 7.0. Introduction -- 7.1. A conceptualisation of Maysir in Islamic and Western thought -- 7.2. Maysir, Gharar and the indeterminacy of the zero-sum prohibition -- 7.3. Investment, speculation and gambling: the environment of risk management -- 7.4. The role of financial intermediaries as speculators -- 7.5. Conclusion -- 8. Conclusion. Financial risk management Islamic countries. Print books. local Edinburgh guides to Islamic finance. lcc BOOKS Edinburgh : Edinburgh University Press, c2014. 6473 6473 0 0 lcc 0 0 AU AU GEN 2014-12-29 0 HD61 .A97 2014 AU0000000001149 2014-12-29 00:00:00 356.00 2014-12-29 BOOKS