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Adapting mudharabah principle in Islamic option
AIP Conference Proceedings, 2013Most of the options today use the Black-Scholes model as the basis in valuing their price. This conventional model involves the elements that are strictly prohibited in Islam namely riba, gharar and maisir. Hence, this paper introduces a new mathematical model that has been adapted with mudharabah principle to replace the Black-Scholes model.
Siti Noor Aini binti Suhaimi +1 more
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Aplikasi Mudharabah Pada Bank Syariah Mandiri
Mu'amalatuna: Jurnal Ekonomi Syariah, 2021Fadilla Fadilla, Dika Yuliani
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