المؤشرات المالية: دراسة فقهية

Abstract EN

This research encompasses the financial indicators and the way of calculating them.

It also includes the jurisprudence rulings of Islamic sharia that are pertinent to these financial indicators, which are: the rule of making a new indicator, contracting the indicator, and the rule of tying the deserve in compensation contracts or others tied with the indicator.

To recap, the financial indicator is: a median numeric value that can gauge the sum of positive and negative variations in the companies’ stocks that are included in the indicator.

It is also used to express the performance of the market as a whole or as a part of it.

In addition, advantageous indicator is the revenue that central banks require for the indicator to determine the percentage of the profit in the mortgage as it is allowed to establish the indicators as long as they do not include prohibitive procedure based on Islamic Jurisprudence.

This is an allowed common measurement in Islamic Jurisprudence as long as the compensation amount is known, even by using the indicator before the contract.

It is, however, not allowed as long as the compensation amount is unknown.