مخاطر أدوات التمويل الإسلامي
Joint Authors
السهلاوي، عبد العزيز محمد
قندوز، عبد الكريم أحمد موسى
Source
Issue
Vol. 2017, Issue 7 (31 Oct. 2017), pp.69-105, 37 p.
Publisher
Bait al-Mashura Finance Consultations
Publication Date
2017-10-31
Country of Publication
Qatar
No. of Pages
37
Main Subjects
Economics & Business Administration
Islamic Studies
Abstract EN
Risk is defined as deviation of the expected returns from the actual and realized returns.
Therefore, understanding of the risks of any instrument requires understanding of the nature of the return that can result from it.
Based on this, this research paper demystifies the nature of Islamic financial instruments, and revenues generated by each of these instruments and the risks attached with these instruments.
We have found that Islamic financial instruments are divided into three categories: the first category is financial instruments based on assets, and which includes: Murabaha, Salam, Istisna’a, and leasing.
The second category is financial instruments based on Profits/Losses Sharing, and this category includes: Musharaka and Mudharaba contracts.
The third category is Sukuk (i.e.
Islamic Bonds) (including Islamic funds).
The three Islamic financial instruments categories face the same risks facing conventional financial instruments (i.e.
Credit risk, Market risk and Liquidity Risk), but the difference between them is in the manner they appear, how and to what extent they affect.
Also, Islamic instruments face a number of challenges while managing the risks associated to them, the most important of which is, their inability to benefit from many traditional hedging techniques because of the interest or Gharar (uncertainty) factors they contain.
American Psychological Association (APA)
قندوز، عبد الكريم أحمد موسى والسهلاوي، عبد العزيز محمد. 2017. مخاطر أدوات التمويل الإسلامي. مجلة بيت المشورة،مج. 2017، ع. 7، ص ص. 69-105.
https://search.emarefa.net/detail/BIM-761356
Modern Language Association (MLA)
قندوز، عبد الكريم أحمد موسى والسهلاوي، عبد العزيز محمد. مخاطر أدوات التمويل الإسلامي. مجلة بيت المشورة ع. 7 (تشرين الأول 2017)، ص ص. 69-105.
https://search.emarefa.net/detail/BIM-761356
American Medical Association (AMA)
قندوز، عبد الكريم أحمد موسى والسهلاوي، عبد العزيز محمد. مخاطر أدوات التمويل الإسلامي. مجلة بيت المشورة. 2017. مج. 2017، ع. 7، ص ص. 69-105.
https://search.emarefa.net/detail/BIM-761356
Data Type
Journal Articles
Language
Arabic
Notes
تضمن هوامش.
Record ID
BIM-761356