Commodity futures from Islamic perspective: the theory-practice gap

• Main Author: Khalil Mohammed Khalil Ahmed
• Format: Thesis
• Language: English
• Published: Universiti Sains Islam Malaysia 2015
• Subjects: Commodity futures; Finance > Religious aspects > Islam
• Online Access: http://ddms.usim.edu.my/handle/123456789/8757
• Institution: Universiti Sains Islam Malaysia

Commodity futures trading is a relatively new phenomenon in the Islamic finance, which emerged in the early 1990s. Many scholars and SharÊÑah bodies have passed prohibitive judgment against the legality of futures trading due to two reasons. First, the futures trading system contains a number of ele...