Kiong Kok, Seng; Giorgioni, Gianluigi; Laws, Jason - In: International Journal of Islamic and Middle Eastern … 7 (2014) 3, pp. 242-257
Purpose – The purpose of this paper is to highlight the possibility of structuring an Islamic option which includes an element of risk sharing as opposed to risk transfer. Design/methodology/approach – The approach adopted in this research involved a combination of a wa’ad (promise) and...
