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Published in:
2020 | OriginalPaper | Chapter
4. The Beauty of Islamic Finance Contracts
Author : James Simon Watkins
Published in: Islamic Finance and Global Capitalism
Publisher: Springer International Publishing
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Abstract
This is an analysis and explanation of the primary contract types and product lines which are offered in the contemporary Islamic finance industry which includes specialised contract structures for short- and long-term financing. There is also a description as to how structures within capital markets have been adapted to become shari’a complaint such as shari’a compliant derivatives and Islamic finance bonds (sukuks). In addition, there is a description of Islamic finance product lines designed to cater for personal finance customers.