المشتقات المالية كأداة للتحوط ضد مخاطر : دراسة على سوق الأوراق المالية الماليزي

Abstract EN

Financial derivatives are a tool to hedge against the various risks to whish you are exposed.

There has been a huge boom in the volumes of derivatives that are traded in the global markets and in their advanced types and forms.

This boom is based on what the investor can achieve from it.

Benefits as result of dealing with derivatives discussed the types of financial derivative contracts.

A- Forward contracts is personal contracts as the relationship between the trascenes is a shady.

Practiced by the two parties on their terms in accordance with personal narration that may not agree with others.

B- Futures contracts in painted contracts as all terms of this price and quantity are not he replaced the knight, making it Singular and impersonal.

The relationship between the two parties is indirect where the image bot mediates between the two lines.

C- Options contracts in option and security contracts.

The buyer with option contract has the right to implement or not implement the contract while the contract is obligatory to issue.

D- Swap contracts is a contractual agreement between two or more supervisors to exchange obligations or rights, as we discussed the types risks use the financial derivatives.

We explained the reflections of financial derivatives on capital markets orientation of use excessive and bad use of financial derivatives and speculation in them has led to many banks and financial institution to fall and collapse unrealistically the Islamic and other products are based on simulating traditional finanicial products while adapting them according to shariah controls where the various types of Islamic sukuk issuance in light of the existence of a market for sukuk in which they are issued and traded, whish contributed to revitalizing and activating trading in The Malaysian stock market, thus increasing productivity and raising the level of economic well- being Islamic financial engineering can become on alternative solution to tradional financial derivatives.