Selling short as Ijarāh with Istiḥsān and its ethical implication

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Selling short as Ijarāh with Istiḥsān and its ethical implication

For most scholars, the concept of selling short, where financial assets are sold without prior possession or ownership, transgresses Islamic principles. However, the Sharīʿah Advisory Council of the Securities Commission of Malaysia (SAC) went against the majority by permitting short selling in 2006...

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Bibliographic Details
Main Authors:	Sifat, Imtiaz Mohammad, Mohamad, Azhar
Format:	Article
Language:	English English English
Published:	Brill 2016
Subjects:	HG4501 Stocks, investment, speculation KBP1 Islamic law.Shariah.Fiqh
Online Access:	http://irep.iium.edu.my/55104/ http://irep.iium.edu.my/55104/1/Sifat%20and%20Mohamad%20%282016%29%20ALQ.pdf http://irep.iium.edu.my/55104/7/55104_selling%20short%20as%20ijarah_WOS_Scopus.pdf http://irep.iium.edu.my/55104/12/55104_Selling%20short%20as%20Ijar%C4%81h%20with%20Isti%E1%B8%A5s%C4%81n%20and%20its%20ethical%20implication_WoS.pdf

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