Gharar and mispricing of equity warrants, Malaysian evidence
In Islamic finance, the use of derivatives seems to be in dispute among the scholars despites its prominent emergence in the market. Majority of scholars object the use of derivatives on the basis that it contains the element of gharar. The Jeddah Fiqh of Academy rules that options are objectionable...
| Main Author: | Haron, Razali |
|---|---|
| Format: | Proceeding Paper |
| Language: | English English |
| Published: |
2014
|
| Subjects: | |
| Online Access: | http://irep.iium.edu.my/37242/ http://irep.iium.edu.my/37242/1/Paper_ID_182_Razali_Haron_IREP.pdf http://irep.iium.edu.my/37242/2/IBF_2014_Conference_Programme.pdf |
Similar Items
Shariah issue of warrant contract: empirical evidence from warrant mispricing in Malaysia market
by: Qizam, Ibnu, et al.
Published: (2013)
by: Qizam, Ibnu, et al.
Published: (2013)
Embedded options and the issue of Gharar. Malaysian empirical evidence
by: Haron, Razali
Published: (2014)
by: Haron, Razali
Published: (2014)
Embedded options and the issue of gharar: Malaysian empirical evidence
by: Haron, Razali
Published: (2015)
by: Haron, Razali
Published: (2015)
The pricing efficiency of Malaysian equity warrants: studies using black scholes option pricing model (BSOPM)
by: Haron, Razali
Published: (2006)
by: Haron, Razali
Published: (2006)
Derivatives, pricing efficiency and gharar. Evidence on embedded options in Malaysia
by: Haron, Razali
Published: (2014)
by: Haron, Razali
Published: (2014)
Derivatives, pricing efficiency and gharar: evidence on
embedded options in Malaysia
by: Haron, Razali
Published: (2014)
by: Haron, Razali
Published: (2014)
Revisiting the principles of Gharar in Islamic banking financing instruments with special reference to Bay al-Inah and Bay al-Dayn towards a new modified model
by: Razali, Siti Salwani
Published: (2011)
by: Razali, Siti Salwani
Published: (2011)
Firms’ speed of adjustment and rational financing
behaviour: Malaysian evidence
by: Haron, Razali
Published: (2014)
by: Haron, Razali
Published: (2014)
The dominance entry of the principles of Gharar in electronic contracts
by: Razali, Siti Salwani
Published: (2009)
by: Razali, Siti Salwani
Published: (2009)
Examining systematic risk on Malaysian firms: panel data evidence
by: Ibrahim, Khairunisah, et al.
Published: (2016)
by: Ibrahim, Khairunisah, et al.
Published: (2016)
Capital structure inconclusiveness: evidence from Malaysia
by: Haron, Razali
Published: (2013)
by: Haron, Razali
Published: (2013)
Capital structure determinants of Shariah-compliant firms: Malaysian evidence
by: Sahudin, Zahariah, et al.
Published: (2015)
by: Sahudin, Zahariah, et al.
Published: (2015)
Capital structure inconclusiveness: evidence from Malaysia,
Thailand and Singapore
by: Haron, Razali
Published: (2014)
by: Haron, Razali
Published: (2014)
Debt financing behaviour: panel data evidence on medium enterprises
by: Haron, Razali
Published: (2015)
by: Haron, Razali
Published: (2015)
The financing choices of firms after financial liberalization : Indonesian evidence
by: Haron, Razali
Published: (2016)
by: Haron, Razali
Published: (2016)
Adjustment factors and firms’ rational financing behaviour.
Malaysia evidence
by: Haron, Razali
Published: (2013)
by: Haron, Razali
Published: (2013)
Ownership and debt financing: Indonesia evidence
by: Haron, Razali
Published: (2017)
by: Haron, Razali
Published: (2017)
Debt financing behaviour: panel data evidence on medium enterprise
by: Haron, Razali, et al.
Published: (2016)
by: Haron, Razali, et al.
Published: (2016)
Volatility component of derivative market: evidence from FBMKLCI based on CGARCH
by: Haron, Razali, et al.
Published: (2015)
by: Haron, Razali, et al.
Published: (2015)
Debt determinants of shariah approved firms: Empirical evidence from Malaysia
by: Ramli, Nurshamimitul Ezza, et al.
Published: (2016)
by: Ramli, Nurshamimitul Ezza, et al.
Published: (2016)
Target capital structure and speed of adjustment: Panel data evidence on Malaysia Shariah compliant securities
by: Haron, Razali, et al.
Published: (2012)
by: Haron, Razali, et al.
Published: (2012)
The impact of sukuk on corporate financing: Malaysia
evidence
by: Haron, Razali, et al.
Published: (2012)
by: Haron, Razali, et al.
Published: (2012)
Firm level, ownership concentration and industry level determinants of capital structure in an emerging market: Indonesia evidence
by: Haron, Razali
Published: (2018)
by: Haron, Razali
Published: (2018)
Corporate financing dynamics: Malaysia empirical evidence
by: Haron, Razali, et al.
Published: (2012)
by: Haron, Razali, et al.
Published: (2012)
Determinants of working capital management before, during and after the global financial crisis of 2008: evidence from Malaysia
by: Haron, Razali, et al.
Published: (2015)
by: Haron, Razali, et al.
Published: (2015)
Determinants of working capital management before, during, and after the global financial crisis of 2008: Evidence from Malaysia
by: Haron, Razali, et al.
Published: (2016)
by: Haron, Razali, et al.
Published: (2016)
Speed of adjustment towards target capital structure: Southeast Asia evidence
by: Haron, Razali, et al.
Published: (2012)
by: Haron, Razali, et al.
Published: (2012)
Debt financing behaviour of Shariah compliant SMEs (enterprise 50). A dynamic approach on Malaysian Islamic capital market
by: Haron, Razali
Published: (2015)
by: Haron, Razali
Published: (2015)
Corporate financing decisions: Malaysia survey evidence
by: Ibrahim, Khairunisah, et al.
Published: (2011)
by: Ibrahim, Khairunisah, et al.
Published: (2011)
Dynamic adjustment towards target capital structure: Thailand evidence
by: Haron, Razali, et al.
Published: (2013)
by: Haron, Razali, et al.
Published: (2013)
Factors Affecting Speed of Adjustment to Target Leverage: Malaysia Evidence
by: Haron, Razali, et al.
Published: (2013)
by: Haron, Razali, et al.
Published: (2013)
Does the corporate financing behaviour of shariah compliant firms differ from non-shariah compliant firms? An Indonesian empirical evidence
by: Haron, Razali, et al.
Published: (2016)
by: Haron, Razali, et al.
Published: (2016)
Practices of capital structure decisions: Malaysia survey evidence
by: Mat Nor, Fauzias, et al.
Published: (2012)
by: Mat Nor, Fauzias, et al.
Published: (2012)
Is Capital Structure Study Still A Puzzle? Southeast Asian Panel Data Evidence
by: Haron, Razali, et al.
Published: (2012)
by: Haron, Razali, et al.
Published: (2012)
Determinants of target capital structure: evidence on South East Asia countries
by: Haron, Razali, et al.
Published: (2011)
by: Haron, Razali, et al.
Published: (2011)
Determinants of target capital structure: evidence on South East Asia countries
by: Mat Nor, Fauzias, et al.
Published: (2011)
by: Mat Nor, Fauzias, et al.
Published: (2011)
Malaysian stock index futures market hedging effectiveness: symmetric and asymmetric model
by: Haron, Razali, et al.
Published: (2017)
by: Haron, Razali, et al.
Published: (2017)
The impact of GST implementation on the Malaysian stock market index volatility: an empirical approach
by: Haron, Razali, et al.
Published: (2018)
by: Haron, Razali, et al.
Published: (2018)
Dynamism of capital structure: evidence from selected South East Asia countries panel data
by: Haron, Razali, et al.
Published: (2011)
by: Haron, Razali, et al.
Published: (2011)
Determinants of target capital structure: evidence on South East Asia countries under dynamic framework
by: Haron, Razali, et al.
Published: (2011)
by: Haron, Razali, et al.
Published: (2011)
Similar Items
-
Shariah issue of warrant contract: empirical evidence from warrant mispricing in Malaysia market
by: Qizam, Ibnu, et al.
Published: (2013) -
Embedded options and the issue of Gharar. Malaysian empirical evidence
by: Haron, Razali
Published: (2014) -
Embedded options and the issue of gharar: Malaysian empirical evidence
by: Haron, Razali
Published: (2015) -
The pricing efficiency of Malaysian equity warrants: studies using black scholes option pricing model (BSOPM)
by: Haron, Razali
Published: (2006) -
Derivatives, pricing efficiency and gharar. Evidence on embedded options in Malaysia
by: Haron, Razali
Published: (2014)