Why Islamic finance is different? a short review of Islamic jurisprudential interpretation about usury, ambiguity (Gharar), gambling (Maysir) and exploitative commercial arbitrage (Talaqi al-Rukban) / Mohammad Ashraful Ferdous Chowdhury.

QR Code

Why Islamic finance is different? a short review of Islamic jurisprudential interpretation about usury, ambiguity (Gharar), gambling (Maysir) and exploitative commercial arbitrage (Talaqi al-Rukban) / Mohammad Ashraful Ferdous Chowdhury.

Unlike the traditional Finance, Islamic finance must observe the teachings of Shari’ah whose basic teaching cannot be violated at any point in time. These basic teachings constitute the core element of the faiths that are best described as maqasid al-shari’ah. While prohibiting Riba, Gharar, Maysir,...

Full description

Bibliographic Details
Main Author:	Chowdhury, Mohammad Ashraful Ferdous
Format:	Article
Language:	English
Published:	Universiti Teknologi Mara Selangor 2015
Subjects:	HG Finance HJ Public Finance Finance, Islamic
Online Access:	https://ir.uitm.edu.my/id/eprint/32781/

Similar Items

The prohibition of maysir and gharar in the financial contract and contemporary competitions / Nur Anis Syafiqah Malek
by: Malek, Nur Anis Syafiqah
Published: (2019)

Gharar and mispricing of equity warrants, Malaysian evidence
by: Haron, Razali
Published: (2014)

Embedded options and the issue of gharar: Malaysian empirical evidence
by: Haron, Razali
Published: (2015)

Embedded options and the issue of Gharar. Malaysian empirical evidence
by: Haron, Razali
Published: (2014)

Effectiveness of martingale strategy in gambling and investment
by: Teoh, Kian Tat, et al.
Published: (2015)

Derivatives, pricing efficiency and gharar. Evidence on embedded options in Malaysia
by: Haron, Razali
Published: (2014)

Derivatives, pricing efficiency and gharar: evidence on embedded options in Malaysia
by: Haron, Razali
Published: (2014)

Islamic finance : a comparative jurisprudential study
by: Elsefy, Hossam Eldin
Published: (2007)

The dominance entry of the principles of Gharar in electronic contracts
by: Razali, Siti Salwani
Published: (2009)

Understanding level of Gharar concept among ACIS students in UiTM Puncak Alam / Muhamad Haikaluddin Muhamad Husli
by: Muhamad Husli, Muhamad Haikaluddin
Published: (2019)

The use of zakat revenue in Islamic financing: jurisprudential debate and practical feasibility
by: Mahmud , Mek Wok, et al.
Published: (2009)

The bank guarantee in the Libyan development bank and their compatibility with Islamic Law: A jurisprudential applied study / Mohamed Alhassan Mohamed Hamed Alhodairy
by: Mohamed Alhassan, Mohamed Hamed Alhodairy
Published: (2018)

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)

Understanding gambling behaviour through theories of behavioural finance: evidence from lottery ticket punters in Sarawak
by: Bong, Shirley
Published: (2013)

Option valuation under no-arbitrage constraints with neural networks
by: Cao, Yi, et al.
Published: (2021)

Usury (Riba) and the Place of Bank Interest in Islamic Banking and Finance
by: Zaman, M. Raquibuz
Published: (2009)

Development of high-temperature lead-free solder for semiconductor chip attachment / Ashraful Haque
by: Ashraful, Haque
Published: (2011)

Mean-reverting market model: speculative opportunities and non-arbitrage
by: Dokuchaev, Nikolai
Published: (2011)

Impact of Financial Crisis on the Profitability of Capital Structure Arbitrage in Australia
by: Svec, Jiri, et al.
Published: (2016)

Legal maxim: “Every loan that brings benefit is usury,” its related issues and implementation in pre-Islamic and Malaysian financial transactions
by: Amanullah, Muhammad
Published: (2018)

The Law of One Price and Arbitrage on China’s Dual-Listings in Hong Kong and New York
by: Liu, Lixian, et al.
Published: (2012)

A study on risk exposure in Islamic bank: a case study of Bank Islam Malaysia Berhad (BIMB) / Nadia Ahmad Najib
by: Ahmad Najib, Nadia
Published: (2010)

Does sharia compliance affect Islamic Banks performance? Evidence from Islamic Banks in Indonesia / Inten Meutiaa, Mohamad Adam and Rulyanti Susi Wardhani
by: Meutiaa, Inten, et al.
Published: (2019)

Detecting Asset Price Bubbles During the Covid-19 Crisis and Its Implications: Evidence from The Stock and Oil Market
by: Aziz, Mukhriz Izraf Azman, et al.
Published: (2022)

İslam bankacılığı (Islamic banking)
by: Kayadibi, Saim
Published: (2008)

The concept of criminology (bathil) in islamic financial institution practices in Malaysia and islamic Republic of Iran / Ezani Yaakub, Noraini Mohamad and Asmak Husin
by: Yaakub, Ezani, et al.
Published: (2012)

Governance Mechanisms and Disclosure Among Malaysian Islamic Banks
by: Asri, Marsidi
Published: (2016)

Enhancing cross border connectivity: venturing into Islamic finance as a new source of infrastructure financing / Saadiah Mohamad … [et al.]
by: Mohamad, Saadiah, et al.
Published: (2015)

Reviewing the principles of corporate governance in islamic financial institutions: the importance of islamic values / Daing Maruak Sadek ... [et al.]
by: Maruak Sadek, Daing, et al.
Published: (2020)

A new breed of Islamic accountants and their role in Islamic institutions
by: Nik Abdul Ghani, Nik Abdul Rahim, et al.
Published: (2012)

Islamic banking in Nigeria : issues and prospects / Nuruddeen Abba Abdullahi.
by: Abdullahi, Nuruddeen Abba
Published: (2016)

Bai ‘Al-Tawarruq : concept of islamic financing? / Luqman Nurhisam
by: Nurhisam, Luqman
Published: (2016)

Efficiency of Islamic banks in selected member countries of the Organisation of Islamic conference
by: Dewi, Meranti Kartika, et al.
Published: (2010)

Assessing the Islamic values in the halal supply chain of the poultry industry / Emi Normalina Omar
by: Omar, Emi Normalina
Published: (2018)

Fundamental of Islamic Banking
by: Dusuki, Asyraf Wajdi, et al.
Published: (2011)

Tawarruq in Islamic finance
by: Ramlan, M. Farid, et al.
Published: (2011)

Islamic finance and development
Published: (2014)

Development of Islamic Pawn-Broking services : differentiating profile of their respectice patrons
by: Shaari A. Hamid,, et al.
Published: (2003)

Determinants of bank technical efficiency : domestic Islamic and foreign Islamic bank in Malaysia
by: Tan, Jia Ming
Published: (2015)

Accounting for Islamic finance
by: Abd Rahman, Abdul Razak, et al.
Published: (2020)