HashimKamali

Thursday, 30 December 1999 12:43

Prospects for an Islamic Derivatives Market in Malaysia

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If one were to single out an area of derivative trading which can find support in the relevant evidence of Shari'ah, it would unquestionably be the commodity futures. This is because futures and options that derive from commodities, especially agricultural commodities and food grains, can be used for a variety of beneficial purposes. Commodity futures can be used as hedging devices that protect farmers and the food production industry against the price risk over a period of time.... 

 

Thunderbird International Business Review (University of Austin, Texas), Vol. 41 (1999), pp 523-540.

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