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Islamic Formula of Future Value of Asset

Increasing price of an asset being sold on credit is a common practice of Islamic Financial Institutions (IFIs) and certain retailers using formulas of compound interest (Riba) and speculation (Maysir). As Islam prohibits both of these concepts, relevant literature wa...

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Principais autores: Imran Haider Naqvi, Zainab Naveed
Format: Artigo
Sprog:Inglês
Udgivet: Università degli Studi di Torino 2015-12-01
Serier:European Journal of Islamic Finance
Fag:
credit sale
maysir
riba
future value
inflation
Online adgang:https://www.ojs.unito.it/index.php/EJIF/article/view/1075
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