نحو نموذج إسلامي لسوق الأسهم
Other Title(s)
Towards an islamic model of stock market
Author
Source
Issue
Vol. 3, Issue 1 (31 Dec. 1985), pp.61-87, 27 p.
Publisher
King Abdulaziz University Scientific Publishing Center
Publication Date
1985-12-31
Country of Publication
Saudi Arabia
No. of Pages
27
Main Subjects
Financial and Accounting Sciences
Islamic Studies
Topics
- Banks
- Islamic economics
- Islam
- Securities
- Ruling in Islam
- Finance
- Investments
- Financial markets
- Islamic Banks
Abstract EN
The normative rules governing exchange in an Islamic stock market are discussed and the free enterprise capitalist model of stock market is evaluated from the Islamic and economic points of view.
Exchange of financial claims is found more vulnerable to hazard and to lack of information, both contrary to Islamic rules of exchange.
The efficiency criteria of capitalist stock markets are critically examined in the light of the theories of P.
Cootner, P.
A.
Samuelson and J.
M.
Keynes.
The dominance of speculative motives (vs.
that of real investment) and the nature of interaction among "professional" and "non-professional" market players, deprive the capitalist stock market of internal stabilizers and undermine its efficiency.
Efficiency in the financial market cannot be ensured by leaving it free and ungoverned.
It is necessary to reinforce Islamic rules.
Some regulatory measures are indicated.
American Psychological Association (APA)
تاج الدين، سيف الدين إبراهيم. 1985. نحو نموذج إسلامي لسوق الأسهم. مجلة أبحاث الاقتصاد الإسلامي،مج. 3، ع. 1، ص ص. 61-87.
https://search.emarefa.net/detail/BIM-436375
Modern Language Association (MLA)
تاج الدين، سيف الدين إبراهيم. نحو نموذج إسلامي لسوق الأسهم. مجلة أبحاث الاقتصاد الإسلامي مج. 3، ع. 1 (1985)، ص ص. 61-87.
https://search.emarefa.net/detail/BIM-436375
American Medical Association (AMA)
تاج الدين، سيف الدين إبراهيم. نحو نموذج إسلامي لسوق الأسهم. مجلة أبحاث الاقتصاد الإسلامي. 1985. مج. 3، ع. 1، ص ص. 61-87.
https://search.emarefa.net/detail/BIM-436375
Data Type
Journal Articles
Language
Arabic
Notes
يتضمن هوامش : ص. 84-85
Record ID
BIM-436375