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The Negotiability of Debt in Islamic Finance

by Abdulaziz Ahmed Almezeini
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Current price ₹8,996.00
Original price ₹9,212.00
Original price ₹9,212.00
Original price ₹9,212.00
(-2%)
₹8,996.00
Current price ₹8,996.00

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Book cover type: Paperback
  • ISBN13: 9789004340275
  • Binding: Paperback
  • Subject: N/A
  • Publisher: Brill
  • Publisher Imprint: Brill
  • Publication Date:
  • Pages: 96
  • Original Price: USD 94.0
  • Language: English
  • Edition: N/A
  • Item Weight: 159 grams
  • BISAC Subject(s): International

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.

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