Social. Political. Economic. Career| Seyed Ibrahim

Serious issues & ideas. Trusted Sources.

Islamic perspective on meltdown in markets (financial crisis)

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High risk investments: The Qur’an (Holy Koran) prohibits al-maysir or speculative risk, warning the faithful to avoid games of chance in which the probability of loss is much higher than the probability of gain. Shariah-compliant investments, therefore, avoid speculative risk, including interest rate options, naked equity options, futures, derivative and numerous leveraged products purportedly designed to hedge investments.  Full Article

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Written by S Ibrahim

Nov 7, 2008 at 4:08 pm

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