The Negotiability of Debt in Islamic Finance
Download or Read eBook The Negotiability of Debt in Islamic Finance PDF written by Abdulaziz Ahmed Almezeini and published by BRILL. This book was released on 2017-01-09 with total page 95 pages. Available in PDF, EPUB and Kindle.
Author | : Abdulaziz Ahmed Almezeini |
Publisher | : BRILL |
Total Pages | : 95 |
Release | : 2017-01-09 |
ISBN-10 | : 9789004340749 |
ISBN-13 | : 9004340742 |
Rating | : 4/5 (49 Downloads) |
Book Synopsis The Negotiability of Debt in Islamic Finance by : Abdulaziz Ahmed Almezeini
Book excerpt: Trading and securitizing debts should be permitted in Islamic law, with one condition, that the debt should be considered low risk. This new rule, the permissibility of trading debts, is supported by three Islamic legal bases, istishab, qiyas, and maslaha, which are recognized by all four Islamic schools of legal thought.