Legal and accounting issues of derivatives in muslim countries
| Project/Area Number |
21653007
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| Research Category |
Grant-in-Aid for Challenging Exploratory Research
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| Allocation Type | Single-year Grants |
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| Research Field |
Civil law
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| Research Institution | University of Tsukuba |
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Principal Investigator |
YANAGA Masao 筑波大学, ビジネスサイエンス系, 教授 (60191144)
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| Project Period (FY) |
2009 – 2011
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| Project Status |
Completed (Fiscal Year 2011)
|
| Budget Amount *help |
¥3,360,000 (Direct Cost: ¥3,000,000、Indirect Cost: ¥360,000)
Fiscal Year 2011: ¥1,560,000 (Direct Cost: ¥1,200,000、Indirect Cost: ¥360,000)
Fiscal Year 2010: ¥1,300,000 (Direct Cost: ¥1,300,000)
Fiscal Year 2009: ¥500,000 (Direct Cost: ¥500,000)
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| Keywords | デリバティブ / スワップ / オプション / 資産 / 負債 / シャリア / イスラム会計 / 銀行監督 / 賭博 / 財務会計 / オプション取引 / イスラム |
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| Research Abstract |
I tried to find the legal analysis of swaps and options from the shari'a point of view. A possible interpretation for shari'a-compliant options is based on sales contract with advance as well as khiyar al-shart. On the other hand, swap contracts might be shari'a compliant using the concept of bay'-al-tawarruq or wa'd.
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Report
(4 results)
Research Products
(7 results)
