Hybrid (Structured) Islamic Finance Instruments: An Usūli-Justification

14 Pages Posted: 30 Nov 2011

See all articles by Muhammed Shahid Ebrahim

Muhammed Shahid Ebrahim

Durham Business School

Murizah Osman Salleh

Central Bank of Malaysia

Mustapha Sheikh

affiliation not provided to SSRN

Date Written: November 20, 2011

Abstract

This paper rationalizes the employment of hybrid securities from the perspective of its economic efficiency and that of the Shari'ah.

Suggested Citation

Ebrahim, Muhammed Shahid and Salleh, Murizah Osman and Sheikh, Mustapha, Hybrid (Structured) Islamic Finance Instruments: An Usūli-Justification (November 20, 2011). Available at SSRN: https://ssrn.com/abstract=1966632 or http://dx.doi.org/10.2139/ssrn.1966632

Muhammed Shahid Ebrahim (Contact Author)

Durham Business School ( email )

Mill Hill Lane
Durham, Durham DH1 3LB
United Kingdom

Murizah Osman Salleh

Central Bank of Malaysia ( email )

Jalan Dato' Onn
P.O. Box 10922
Kuala Lumpur, 50929
Malaysia

Mustapha Sheikh

affiliation not provided to SSRN ( email )

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