There is ongoing debate regarding the permissibility of financial derivatives in Islamic
banking and finance. While traditional derivative products are rejected by most Islamic …

This paper aims to propose reforms to develop the Islamic derivatives transactions in
Indonesia's over-the-counter (OTC) market. It is argued that the use of derivatives …

Despite the widespread use of futures contracts as a risk mitigation instrument in the current
financial markets, Islamic economies commonly feel uncomfortable with it for fear of its …

Purpose This study aims to analyse the Shariah issues in the implementation of tawarruq
contract in the Islamic profit rate swap (IPRS) instrument in Malaysia. Design/methodology …

In a setting of a dual banking system, the study aims to provide empirical evidence on the
establishment of the link between the pricing of Islamic foreign exchange option and the …

Retail consumers' values have taken an increasingly important place in the financial
decisionmaking over the last 20 years. The ethical norm has become a variable for the …

The purpose of this study is to investigate the farm credit, farmland, farm infrastructure and
agricultural output in Kano State, Nigeria with the effect of Murabahah finance. Literature in …

The purpose of this work is to model a participating forward contract permitting to avoid
unlimited risk and unknown loss using a formula of risk sharing that includes the payment of …

Islamic FX swap is one of the hedging mechanisms that will help financial institutions
minimize foreign exchange risk as well as protects the value of assets from the market …

There is ongoing debate regarding the permissibility of financial derivatives in Islamic
banking and finance. While traditional derivative products are rejected by most Islamic …