Embedded options and the issue of gharar: Malaysian empirical evidence
Despite its accelerating use in the financial market, embedded options receive contradicting opinions with regards to its permissibility based on the Shariah principles. This study will examine the existence of gharar element in the pricing of an embedded options (warrants), especially in the case o...
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| Format: | Article |
| Language: | English |
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ISTAC
2015
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| Online Access: | http://irep.iium.edu.my/47013/ http://irep.iium.edu.my/47013/ http://irep.iium.edu.my/47013/1/47013_embeded_options.pdf |