Shariah Investment Agreement

The Legal Tool for Risk-Sharing in Islamic Finance
1. Auflage 2021
ISBN: 978-3-11-055961-3
Verlag: De Gruyter

Buch, Englisch, 180 Seiten, Format (B × H): 170 mm x 240 mm, Gewicht: 458 g

Reihe: De Gruyter studies in Islamic economics, finance & business

Risk-sharing investment is currently the buzz word in Islamic finance. However, there is an incongruence in applying multilayered and opaque Tijarah contracts for investment purposes. This has contributed to the divergence between Shariah and Common Law and caused tremendous problems and systemic legal risks to Islamic finance. The authors of Shariah Investment Agreement introduce a legal tool in the form of a Shariah Investment Agreement carefully drafted to ensure that it is Shariah-compliant and can be applied in Common Law jurisdictions as well, so as to allow for the execution of risk-sharing investment in Islamic finance. It details the building blocks and key considerations that must be noted when drafting such agreements so the investor and investee will know what to expect when entering into such a contract. Proper implementation of the Shariah Investment Agreement will pave a clear route to a harmonious convergence between Shariah and Common Law and lead to Islamic finance developing further to become a stronger, unstoppable force in the finance industry.

Autoren/Hrsg.

Alhabshi, Syed Adam

Mirakhor, Abbas

Na’im Haji Mokhtar, Haji Mohd.

Alhabshi, Syed Othman

Fachgebiete

• Geisteswissenschaften Islam & Islamische Studien Islam: Leben & Praxis
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines
• Geisteswissenschaften Islam & Islamische Studien Islam: Philosophie & Wissenschaften
• Wirtschaftswissenschaften Betriebswirtschaft Unternehmensfinanzen
• Geisteswissenschaften Philosophie Nicht-Westliche Philosophie Islamische & Arabische Philosophie

Über Autor(innen)

Syed Adam Alhabshi
, Shook Lin & Bok, Kuala Lumpur;
Abbas Mirakhor
, retired Professor of Economics and Finance, USA; et al.

Syed Adam Alhabshi, Shook Lin & Bok, Kuala Lumpur; Abbas Mirakhor, retired Professor of Economics and Finance, USA; et al.