Salam (Forward sale) and Istisna' (Manufacture contract) in modern applications: a Maqasid al-shari'ah perspective

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Salam (Forward sale) and Istisna' (Manufacture contract) in modern applications: a Maqasid al-shari'ah perspective

The modern application of Salam such as parallel Salam and combination of Salam with waÑd (promise) exposes Islamic financial institutions (IFIs) to risks—credit risk, market risk, and operational risk. Modern applications of IstiÎnaÑ by financing houses and projects in the form of parallel-IstiÎn...

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Bibliographic Details
Main Author:	Ali, Mohammed Farid
Format:	Article
Language:	English
Published:	International Journal of Business, Economics and Law (IJBEL) 2016
Subjects:	BP173.2 Sources of Islam
Online Access:	http://irep.iium.edu.my/47801/ http://irep.iium.edu.my/47801/1/47801_Salam_%28forward_sale%29_and_Isti%C3%B8na%C3%B1.pdf

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