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An inquiry into the scope of ‘acceptable’ gharar

2018
This chapter aims to review, from a trans-disciplinary perspective, the scope of acceptable gharar which is still controversial in the academic debate. It also aims to propose a trans-disciplinary theoretical framework of making a contribution to the Islamic legal debate on the scope of acceptable gharar. The chapter draws the wisdom of the prohibition
Mohammad Hashim Kamali   +2 more
exaly   +2 more sources

Prohibition of Riba and Gharar in Islamic Banking

2017
Prohibition of Riba (interest), Gharar (uncertainty) and Maysir (gambling) are the fundamental principles of Islamic banking and key differentiators to differentiate it from conventional banking practices. Presence of these elements in financial transactions lead to excessive debt creation, speculation, negative growth and create large disparity ...
Nafis Alam   +2 more
exaly   +2 more sources

History of Islamic Public Finance: Gharar and Risk Aversion

2012
The relatively new sukuk (or Islamic debt securities) markets have grown to more than US $800 billion over the past decade, and continue to grow at a rate of around 20-30 per cent per year. Arguably the first of its kind, this path-breaking book provides a highly unique reference tool relating to key issues surrounding sukuk markets, which are found in
exaly   +2 more sources

RIBA, GHARAR DAN MAISIR DALAM EKONOMI ISLAM

open access: yes
Larangan riba, gharar dan maisir penting dalam pasar modern ini, karena banyak perusahaan yang mengalihkan risiko kepada pihak lain dalam asuransi tradisional, kapitalisasi pasar dan berbagai transaksi keuangan menjadi semakin penting di zaman modern ini,
Rahma Aulia
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