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 TypeDr GradeEmail
عبدالرحيم عبدالحميد الساعاتيAbdulRahim A. Al-SaatiResearcher  

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