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Document Details
Document Type
:
Article In Journal
Document Title
:
Speculation and Gambling in Financial Markets Economic and Legal Analysis
المضاربة والقمار في الأسواق المالية المعاصرة: تحليل اقتصادي وشرعي
Subject
:
Articles
Document Language
:
Arabic
Abstract
:
Participants in financial markets face intrinsic uncertainty caused by absence of common knowledge. This is common in gambling, derivatives and speculative transactions, as they include the idea of voluntary, and deliberate risk taking, this is why some economists classified speculation as gambling . Since gambling is forbidden in Islam, to what extent the rationale behind the prohibition of gambling can be applied to speculation, bearing in mind that all the conditions of a permitted sale are satisfied in speculative transactions, and that it has valuable economic functions?. This article will address these questions.
ISSN
:
1018-7383
Journal Name
:
Islamic Economics Journal
Volume
:
20
Issue Number
:
1
Publishing Year
:
1428 AH
2007 AD
Number Of Pages
:
30
Article Type
:
Article
Added Date
:
Sunday, October 11, 2009
Researchers
Researcher Name (Arabic)
Researcher Name (English)
Researcher Type
Dr Grade
Email
عبدالرحيم عبدالحميد الساعاتي
AbdulRahim A. Al-Saati
Researcher
Files
File Name
Type
Description
21077.pdf
pdf
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