What option contract and the position of the Iraqi law it
Risalat al-huquq Journal,
2013, Volume 5, Issue 1, Pages 150-181
AbstractThe option contract one dealing formats that take place in the financial markets, and this formula in fact is one of the most prominent images of financial derivatives, those contracts that derive their value of financial assets that are being handled.
Perhaps the destination to handle these contracts in the financial markets is the risk management and control. He held the option and in accordance with this spirit embodies the administration and handling of risk in the financial market, it consists of two main parties one vendor to risk the second buyer, and this Alkhatrh is to price fluctuations. The contract concluded between the parties without the actual delivery of the contracted shop, but only contracting to pay the difference in the market price if the contract was executed.
The option contract is being treated in the financial market within two types purchase option and put option, where consistent Contracting under contract primary that commit one to sell or buy financial assets given during a specific time period, according to the agreement if he expressed the other party (option buyer) desire to sell or During this period, the purchase, that determines the price deal, and these are compared to the amount of treatment option buyer pays to the seller to be determined according to certain bases.
Perhaps this formula of dealing raise formats sensation at the level of doctrine in terms of legitimacy and passport deal. The benediction numerous studies of thermoplastic modern scholars of Islamic law, which is worth seeking legal terms.
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