Library Catalog
Amazon cover image
Image from Amazon.com

Shariah Investment Agreement : The Legal Tool for Risk-Sharing in Islamic Finance / Syed Adam Alhabshi, Haji Mohd. Na’im Haji Mokhtar, Syed Othman Alhabshi, Abbas Mirakhor.

By: Contributor(s): Material type: TextTextSeries: De Gruyter Studies in Islamic Economics, Finance and Business ; 6Publisher: München ; Wien : De Gruyter Oldenbourg, [2021]Copyright date: ©2021Description: 1 online resource (XII, 180 p.)Content type:
Media type:
Carrier type:
ISBN:
  • 9783110559613
  • 9783110559743
  • 9783110562750
Subject(s): Other classification:
  • online - DeGruyter
Online resources: Available additional physical forms:
  • Issued also in print.
Contents:
Frontmatter -- Acknowledgements -- Foreword -- Contents -- Chapter 1 Introduction -- Chapter 2 The Shariah: Refining Bay’ and How It Can Be Applied -- Chapter 3 The Common Law: Its Background and Applicability to Bay’ -- Chapter 4 The Shariah Investment Agreement: A Solution to Islamic Investment -- Chapter 5 Policy Recommendations and Future Research -- Chapter 6 Conclusion -- Appendix A Key Quranic Ayahs and Translation -- Appendix B Commodity Murabahah Case Study -- Appendix C Comparative Analysis of Musharakah by Bank Negara Malaysia and AAOIFI -- Appendix D Case Study: Shariah-Compliant Securities as Determined by the SAC of SC (as at 2016) -- References -- List of Abbreviations -- List of Cases -- List of Legislations -- About the Authors -- Index
Summary: 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.
Holdings
Item type Current library Call number URL Status Notes Barcode
eBook eBook Biblioteca "Angelicum" Pont. Univ. S.Tommaso d'Aquino Nuvola online online - DeGruyter (Browse shelf(Opens below)) Online access Not for loan (Accesso limitato) Accesso per gli utenti autorizzati / Access for authorized users (dgr)9783110562750

Frontmatter -- Acknowledgements -- Foreword -- Contents -- Chapter 1 Introduction -- Chapter 2 The Shariah: Refining Bay’ and How It Can Be Applied -- Chapter 3 The Common Law: Its Background and Applicability to Bay’ -- Chapter 4 The Shariah Investment Agreement: A Solution to Islamic Investment -- Chapter 5 Policy Recommendations and Future Research -- Chapter 6 Conclusion -- Appendix A Key Quranic Ayahs and Translation -- Appendix B Commodity Murabahah Case Study -- Appendix C Comparative Analysis of Musharakah by Bank Negara Malaysia and AAOIFI -- Appendix D Case Study: Shariah-Compliant Securities as Determined by the SAC of SC (as at 2016) -- References -- List of Abbreviations -- List of Cases -- List of Legislations -- About the Authors -- Index

restricted access online access with authorization star

http://purl.org/coar/access_right/c_16ec

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.

Issued also in print.

Mode of access: Internet via World Wide Web.

In English.

Description based on online resource; title from PDF title page (publisher's Web site, viewed 28. Feb 2023)