PRINCIPLES OF ISLAMIC ETHICS IN THE ISLAMIC FOREIGN EXCHANGE SWAP IN ISLAMIC BANKING MALAYSIA

Islamic FX swap is one of the hedging mechanisms that will help financial institutions minimize foreign exchange risk as well as protects the value of assets from the market exposure. However, the Islamic Fx swaps is claimed to mimic conventional FX Swap structure which is to some degree is incompa...

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Bibliographic Details
Main Author: Azlin Alisa Ahmad, Mohd Hafiz Mohd Dasar, Nik Abdul Rahim NikAbdGhani
Format: Article
Language:English
Published: Hamdard Foundation 2020-07-01
Series:Hamdard Islamicus
Online Access:https://hamdardislamicus.com.pk/index.php/hi/article/view/225