KembaraXtra – Islamic Derivatives: Shariah Issues in Futures Contracts
KembaraXtra – Islamic Derivatives: Shariah Issues in Futures Contracts 🔹 Overview The use of futures contracts in Islamic commercial law is debated. Many Muslim scholars believe these contracts do not...
KembaraXtra – Islamic Derivatives: Option Contract, Premium, Call Option & Put Option (With Scenarios)
KembaraXtra – Islamic Derivatives: Option Contract, Premium, Call Option & Put Option (With Scenarios) 🔹 What is an Option Contract? An option contract is a financial agreement that gives the buyer...
KembaraXtra – Islamic Derivatives: What is Debt (Dayn) Under Islamic Law
KembaraXtra – Islamic Derivatives: What is Debt (Dayn) Under Islamic Law 🔹 What is Debt (Dayn) in Islamic Law? In Islamic law, debt (dayn) refers to any obligation owed by one party to another, whether...
KembaraXtra – Islamic Derivatives: Delay in Delivery in Futures Contracts & Why It Is Considered a Debt
KembaraXtra – Islamic Derivatives: Delay in Delivery in Futures Contracts & Why It Is Considered a Debt 🔹 What is Delay in Delivery? In a futures contract: - The seller agrees to deliver goods at a...
KembaraXtra – Islamic Derivatives: Sale of Debt for Debt (Bai al-Kali bil-Kali) in Futures Contracts
KembaraXtra – Islamic Derivatives: Sale of Debt for Debt (Bai al-Kali bil-Kali) in Futures Contracts 🔹 What is Bai al-Kali bil-Kali? Bai al-Kali bil-Kali means a sale of debt for debt, where: - Both...
KembaraXtra – Islamic Derivatives: Short Selling (Futures) vs Salam Contract
KembaraXtra – Islamic Derivatives: Short Selling (Futures) vs Salam Contract 🔹 Short Selling in Futures Contracts (Notes) - Sell an asset without owning it - Enter a short position (agree to sell first)...
KembaraXtra – Islamic Derivatives: How Short Selling Works in Futures Contracts
KembaraXtra – Islamic Derivatives: How Short Selling Works in Futures Contracts 🔹 What is Short Selling in Futures? In futures contracts, short selling means you agree to sell a commodity at a fixed...
KembaraXtra-Islamic Derivatives: Shariah issues in Future Contracts & Short Selling
KembaraXtra – Islamic Derivatives: Shariah Issues in Futures Contracts & Short Selling (Simplified) 🔹 What is Short Selling? Short selling is when a person sells something they do not own, hoping to...
KembaraXtra – Islamic Derivatives: Sale of Debt for Debt (Bai al-Kali bil-Kali) in Futures Contracts
KembaraXtra – Islamic Derivatives: Sale of Debt for Debt (Bai al-Kali bil-Kali) in Futures Contracts 🔹 What is Bai al-Kali bil-Kali? Bai al-Kali bil-Kali means a sale of debt for debt, where: - Both...
KembaraXtra – Islamic Derivatives: How Futures Contracts Work (Conventional vs Islamic)
KembaraXtra – Islamic Derivatives: How Futures Contracts Work (Conventional vs Islamic) 🔹 1. How Conventional Futures Contracts Work A futures contract is an agreement to buy or sell an asset at a fixed...