Alsayyed, Nidal (2010): The Uses and Misuses of Commodity Murabaha: Islamic Economic Perspective.
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Some exciting Economical developments have taken place in the area of Islamic finance during the preceding two years. There has been a fast expansion in its market share, diversification of products picked up pace and the rapid globalization of the services ensures their future expansion. Commodity murabahah is one of the most commonly used financing contracts in Islamic banking. But of no less consequence may prove, the lurch one finds commodity murabahah in at the close of 2008 (Hasan 2009) . Commodity Murabaha is clearly the Islamic treasurer’s funding product of choice, as it is flexible enough to facilitate many structures for financing, hedging, and currency exchanging. It is time to apply the shari'ah objective of “sa’dd-aldharai” that closes the potential avenues for outwitting the shari’ah objectives and spirit .
|Item Type:||MPRA Paper|
|Original Title:||The Uses and Misuses of Commodity Murabaha: Islamic Economic Perspective|
|English Title:||The Uses and Misuses of Commodity Murabaha: Islamic Economic Perspective|
|Keywords:||Islamic Economics; commodity murabahah; Time share in price; Shari’ah objectives; Bai al Inah, Commodity Murabahah House (Suq Al-Sila), Commodity Murabahah Program (CMP) , deferred contracts, GCC, IIMM , Islamic Banking Scheme (IBS ); “sa’dd-aldharai”|
|Subjects:||D - Microeconomics > D2 - Production and Organizations > D23 - Organizational Behavior ; Transaction Costs ; Property Rights
Z - Other Special Topics > Z1 - Cultural Economics ; Economic Sociology ; Economic Anthropology > Z10 - General
A - General Economics and Teaching > A1 - General Economics > A12 - Relation of Economics to Other Disciplines
D - Microeconomics > D4 - Market Structure, Pricing, and Design > D42 - Monopoly
|Depositing User:||NIDAL ALSAYYED|
|Date Deposited:||27 Jan 2010 07:11|
|Last Modified:||06 Feb 2016 14:59|
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