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In Against the gods: the remarkable story of risk (1996), Peter L. Bernstein illustrates how the mastery of risk has driven modern Western society into converting 'the future from an enemy into an opportunity'. Far from being an antagonist, as the unpredictable whim of gods or mysterious fate,...
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This paper suggests a juridical interpretation of the prohibitions of riba, gharar and maysir through the outline of the concept of 'right', haqq, in Muslim law. The approach provides a comprehension of the bans alternative to its religious/moral understanding which is still prevalent in...
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Highlighting the impact of current globalization on financial markets, this topical book challenges the universality of Western property rights and interprets Islamic finance in Europe as part of a plural financial system, where different conceptions of economic justice(s) co-exist and influence...
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