Legal structure and challenges of option contract
Financial derivative instruments, which are the innovations of finance professionals, play an important role in the booming of financial markets. These instruments which have been created to confront risks become more diverse and evolved day by day. Option contract is one of the most important of t...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Semnan University
2013-07-01
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| Series: | مطالعات فقه و حقوق اسلامی |
| Subjects: | |
| Online Access: | https://feqh.semnan.ac.ir/article_1899_6488033ecd3ca27a666158a851ed0dd8.pdf |
| _version_ | 1797296399025438720 |
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| author | M. Keshtkari H. Olomi Yazdi |
| author_facet | M. Keshtkari H. Olomi Yazdi |
| author_sort | M. Keshtkari |
| collection | DOAJ |
| description | Financial derivative instruments, which are the innovations of finance professionals, play an important role in the booming of financial markets. These instruments which have been created to confront risks become more diverse and evolved day by day. Option contract is one of the most important of these instruments which is more flexible than other derivative instruments and, consequently, it can better cover the risks due to price fluctuations. However, as option contract is a newborn one, a group of lawyers and jurists, especially sunni's jurists, have considered such contracts as very problematic, and hesitated about their validity from different aspects. But the exact understanding of the nature of these contracts removes some doubts about their validity and correctness and confirms their legal and canonical justification. In this paper, we have tried to introduce the option contract completely, mean while to elucidate the ambiguities surrounding this contract and to express the fundamentals of its validity. |
| first_indexed | 2024-03-07T22:04:09Z |
| format | Article |
| id | doaj.art-4a97c5acba17440b823229cbb375ef96 |
| institution | Directory Open Access Journal |
| issn | 2008-7012 2717-0330 |
| language | fas |
| last_indexed | 2024-03-07T22:04:09Z |
| publishDate | 2013-07-01 |
| publisher | Semnan University |
| record_format | Article |
| series | مطالعات فقه و حقوق اسلامی |
| spelling | doaj.art-4a97c5acba17440b823229cbb375ef962024-02-23T23:17:01ZfasSemnan Universityمطالعات فقه و حقوق اسلامی2008-70122717-03302013-07-015812314810.22075/feqh.2017.18991899Legal structure and challenges of option contractM. KeshtkariH. Olomi YazdiFinancial derivative instruments, which are the innovations of finance professionals, play an important role in the booming of financial markets. These instruments which have been created to confront risks become more diverse and evolved day by day. Option contract is one of the most important of these instruments which is more flexible than other derivative instruments and, consequently, it can better cover the risks due to price fluctuations. However, as option contract is a newborn one, a group of lawyers and jurists, especially sunni's jurists, have considered such contracts as very problematic, and hesitated about their validity from different aspects. But the exact understanding of the nature of these contracts removes some doubts about their validity and correctness and confirms their legal and canonical justification. In this paper, we have tried to introduce the option contract completely, mean while to elucidate the ambiguities surrounding this contract and to express the fundamentals of its validity.https://feqh.semnan.ac.ir/article_1899_6488033ecd3ca27a666158a851ed0dd8.pdffinancial derivative instrumentsoption contractstock marketstreet market |
| spellingShingle | M. Keshtkari H. Olomi Yazdi Legal structure and challenges of option contract مطالعات فقه و حقوق اسلامی financial derivative instruments option contract stock market street market |
| title | Legal structure and challenges of option contract |
| title_full | Legal structure and challenges of option contract |
| title_fullStr | Legal structure and challenges of option contract |
| title_full_unstemmed | Legal structure and challenges of option contract |
| title_short | Legal structure and challenges of option contract |
| title_sort | legal structure and challenges of option contract |
| topic | financial derivative instruments option contract stock market street market |
| url | https://feqh.semnan.ac.ir/article_1899_6488033ecd3ca27a666158a851ed0dd8.pdf |
| work_keys_str_mv | AT mkeshtkari legalstructureandchallengesofoptioncontract AT holomiyazdi legalstructureandchallengesofoptioncontract |