One thought on “DERIVATIVES AND ISLAMIC FINANCE BY MUHAMMAD AYUB”
jamshed
An excellent article on derivatives with an alternative approach to Islamic derivatives. A well laid out paper giving all the possible options to explore the field of derivatives for Islamic fin sector. I think what the writer referred in his paper regarding, Salam; it could be used as one of the well weaved derivative in Islamic fin sector but needs more working:
1.Like how it will work,
2.What would be the call /put options and amongst whom.
3.Where it will be exercised.*
* Separate commodity market is required for this to operate.
An excellent article on derivatives with an alternative approach to Islamic derivatives. A well laid out paper giving all the possible options to explore the field of derivatives for Islamic fin sector. I think what the writer referred in his paper regarding, Salam; it could be used as one of the well weaved derivative in Islamic fin sector but needs more working:
1.Like how it will work,
2.What would be the call /put options and amongst whom.
3.Where it will be exercised.*
* Separate commodity market is required for this to operate.
Thx take care.