03070cam a22004097a 450000100090000000300040000900500170001300800410003001000170007101500190008801500190010701600180012601600180014402000220016202000220018402000250020602000250023102000330025603500240028904000270031304200140034004900260035405000200038010000280040024501020042826000530053030000240058350400640060750516620067165000500233365500240238383000410240794200150244826400530246399900150251695201290253118354823OSt20161026150553.0141031s2014 stk b 001 0 eng d a 2014469576 aGBB4504202bnb aGBB4A29882bnb7 a0167139042Uk7 a0168738732Uk a0748695699 (hbk.) a0748695702 (pbk.) a9780748695690 (hbk.) a9780748695706 (pbk.) z9780748695713 (webready pdf) a(OCoLC)ocn870290907 aBTCTAbengcBTCTAdDLC alccopycat aAlfaisal Main Library00aHD61b.A97 20141 aAyoub, Sherif,eauthor.10aDerivatives in Islamic finance :bexamining the market risk management framework /cSherif Ayoub. aEdinburgh :bEdinburgh University Press,cc2014. ax, 260 p. ;c22 cm. aIncludes bibliographical references (p. 229-250) and index.0 a1. 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. 0aFinancial risk managementzIslamic countries. 7aPrint books.2local 0aEdinburgh guides to Islamic finance. 2lcccBOOKS aEdinburgh :bEdinburgh University Press,cc2014. c6473d6473 00102lcc4070aAUbAUcGENd2014-12-29l0oHD61 .A97 2014pAU0000000001149r2014-12-29 00:00:00v356.00w2014-12-29yBOOKS