Shariah Investment Agreement

The Legal Tool for Risk-Sharing in Islamic Finance

Inbunden, Engelska, 2021

Av Syed Adam Alhabshi, Abbas Mirakhor, Haji Mohd. Na’im Haji Mokhtar, Syed Othman Alhabshi

1 539 kr

Beställningsvara. Skickas inom 11-20 vardagar
Fri frakt för medlemmar vid köp för minst 249 kr.

Risk-sharing investment is currently the buzz word in Islamic finance. However, there is an incongruence in applying multilayered and opaque Tijarah contracts for investment purposes. This has contributed to the divergence between Shariah and Common Law and caused tremendous problems and systemic legal risks to Islamic finance. The authors of Shariah Investment Agreement introduce a legal tool in the form of a Shariah Investment Agreement carefully drafted to ensure that it is Shariah-compliant and can be applied in Common Law jurisdictions as well, so as to allow for the execution of risk-sharing investment in Islamic finance. It details the building blocks and key considerations that must be noted when drafting such agreements so the investor and investee will know what to expect when entering into such a contract. Proper implementation of the Shariah Investment Agreement will pave a clear route to a harmonious convergence between Shariah and Common Law and lead to Islamic finance developing further to become a stronger, unstoppable force in the finance industry.

Produktinformation

  • Utgivningsdatum2021-02-08
  • Mått170 x 240 x 18 mm
  • Vikt458 g
  • FormatInbunden
  • SpråkEngelska
  • SerieDe Gruyter Studies in Islamic Economics, Finance and Business
  • Antal sidor192
  • FörlagDe Gruyter
  • ISBN9783110559613