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.
* Explains concept of risk-sharing investment under Shariah and Common Law
* Details the building blocks and key considerations when drafting Shariah Investment Agreements
* Case studies and step-by-step guides on drafting of Shariah contracts

nexusstc/Shariah Investment Agreement: The Legal Tool for Risk-Sharing in Islamic Finance/477b5f3c74ae23baea6ec47f8573f558.epub

lgli/10.1515_9783110562750.epub

lgrsnf/10.1515_9783110562750.epub

zlib/no-category/Syed Adam Alhabshi; Abbas Mirakhor; Haji Mohd. Na’im Haji Mokhtar; Syed Othman Alhabshi/Shariah Investment Agreement: The Legal Tool for Risk-Sharing in Islamic Finance_25459770.epub

Alhabshi, Syed Adam, Mirakhor, Abbas, Mokhtar, Haji Mohd Na’im Bin Haji, Alhabshi, Syed Othman

Alhabshi, Syed Adam; Mirakhor, Abbas; Na'im Haji Mokhtar, Haji Mohd.; Alhabshi, Syed Othman

Syed Adam Alhabshi; Haji Mohd Na'im Bin Haji Mokhtar; Abbas Mirakhor; Syed Othman Alhabshi

Syed Adam Alhabshi; Othman Alhabshi, Syed; Abbas Mirakhor; Haji Mohd Na'im Haji Mokhtar

Saur, K. G., Verlag. ein Imprint der Walter de Gruyter GmbH

düsseldorf university press. in Walter de Gruyter GmbH

de Gruyter, Walter, GmbH

de Gruyter GmbH, Walter

De Gruyter Studies in Islamic Economics, Finance & Business, De Gruyter Studies in Islamic Economics, Finance and Business, Berlin, Germany, 2021

De Gruyter Studies in Islamic Economics, Finance and Business, 1. Auflage, Berlin/München/Boston, 2021

De Gruyter Studies in Islamic Economics, Finance and Business, München ; Wien, 2021

1, 20210208

2021-03-01

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<p> Risk-sharing investment is currently the buzz word in Islamic finance. However, there is an incongruence in applying multilayered and opaque <em>Tijarah</em> 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. </p> <p> </p> <p> The authors of <em>Shariah Investment Agreement</em> 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. </p> <p> </p> <p> 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. </p>

De Gruyter Studies in Islamic Economics, Finance and Business
Erscheinungsdatum: 08.02.2021

2023-07-22