Embedded options and the issue of Gharar. Malaysian empirical evidence
Despite its accelerating use in the financial market, equity warrants receive contradicting opinions in terms of its permissibility based on the Shariah principles. This study will examine the existence of gharar element in the pricing of an embedded options, warrants, especially in the case of misp...
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Format: | Conference or Workshop Item |
Language: | English |
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2014
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Online Access: | http://irep.iium.edu.my/36523/ http://irep.iium.edu.my/36523/ http://irep.iium.edu.my/36523/1/Proceedings_FIREC_UKM-GSB_2014.pdf |