Please enable JavaScript.
Coggle requires JavaScript to display documents.
CHAPTER 8 (GROUP 1) - Coggle Diagram
CHAPTER 8 (GROUP 1)
- Contract applied in Islamic product
-
-
-
-
-
-
-
- Types of Islamic derivatives
-
-
-
-
Options are agreements between two parties that provide one party the right to acquire the other party's asset at a certain price and time frame.
- Definition of Islamic derivative
Islamic derivatives are financial products which seek to generate a similar economic profile to comparable conventional derivative instruments, albeit through a Sharia compliant structure.
- Shariah principles of Islamic derivatives
Islamic derivatives including futures and options contracts are financial instruments which are designed and adjusted to be compliant with Shariah principles.
- Definition of Islamic structure product
A version of the structured product that Shariah compliant. An alternative to conventionally structured products that are dominant to usury, gharar and maysir.
- Shariah viewpoint on forwards and futures
Despite being proposed with strict shariah norms and regulations, shariah-compliant forward and futures nevertheless cause uncertainty among experts in the banking sector because of their complexity and speculative character. It should be tried to simplify these derivatives, which are now difficult.
- What is urbun？ how it is function？
Islam signifies urbanisation as the concentration on the performance of most of Islamic pillars requires a fixed settlement or settled way of life. However, neither the Qur’an and sunnah contains precise urban planning codes that could be used in planning and designing an urban environment.
-