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الخيارات وإدارة المخاطر فى أسواق السلع: دعوة لرؤية جديدة
[Options as Islamic Financial Derivative: Thoughts provoking discussion]

Author

Listed:
  • Onour, Ibrahim

Abstract

After highlighting different views of Islamic scholars on option derivatives, the paper explores a potential role for option derivatives as useful risk management tool in commodity markets, while attuned to Islamic Shariah principles. The author illustrated a model of commodity stock market to show how options can play a role similar to that of insurance of risks in commodity markets.

Suggested Citation

  • Onour, Ibrahim, 2011. "الخيارات وإدارة المخاطر فى أسواق السلع: دعوة لرؤية جديدة [Options as Islamic Financial Derivative: Thoughts provoking discussion]," MPRA Paper 30707, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:30707
    as

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    File URL: https://mpra.ub.uni-muenchen.de/30707/1/MPRA_paper_30707.pdf
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    References listed on IDEAS

    as
    1. Kosowski, Robert & Neftci, Salih N., 2014. "Principles of Financial Engineering," Elsevier Monographs, Elsevier, edition 3, number 9780123869685.
    2. Mirakhor, Abbas, 1996. "Cost Of Capital And Investment In A Non-Interest Economy," Islamic Economic Studies, The Islamic Research and Training Institute (IRTI), vol. 4, pages 35-47.
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    options; risk; islamic derivative;
    All these keywords.

    JEL classification:

    • E00 - Macroeconomics and Monetary Economics - - General - - - General
    • G10 - Financial Economics - - General Financial Markets - - - General (includes Measurement and Data)

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