One of the main characteristics of the securities is the possibility to be traded. To avoid usury, how should the sale of securities in order to be allowed. When viewed in detail, sale of securities can be divided into two, namely securities representing 'ayn and dayn representing securities (debt). In the business perspective of sharia law, securities representing 'ayn (ownership asset) are allowed to be traded.
So, in Islamic economics perspective prohibit to trade debt, just allow to trade an ownership asset.
Mudawamah - 11220079
Rabu, 25 Desember 2013
The Securities
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