Forms of Islamic finance

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Chapter 4 in Islamic Finance, 2019, pp 70-118 from Edward Elgar Publishing

Abstract: This chapter first discusses Islamic forms of finance that are based on profit sharing or profit-and-loss sharing (PLS), next the simple forms of finance other than profit or profit-and-loss sharing and finally more complex forms of finance. Much attention is paid to Islamic derivatives and the use of promises in structuring them. Another section discusses the requirements that Islamic contracts have to meet, which differ in several respects from conventional contracts.

Keywords: Economics and Finance; Politics and Public Policy (search for similar items in EconPapers)
Date: 2019
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