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The Islamic Finance Trading Framework

Legitimizing Profit Making

  • Provides a comparative analysis of conventional and Islamic trading frameworks
  • Explores trading under Islamic commercial law
  • Covers profit making in Islam
  • Addresses key issues in government interventions, market structure, property rights, and business ethics

Part of the book series: Palgrave CIBFR Studies in Islamic Finance (PCSIF)

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Table of contents (7 chapters)

  1. Front Matter

    Pages i-ix
  2. Introduction

    • Mohsin Ali, Najeeb Zada
    Pages 1-6
  3. Trading Under Islamic Commercial Law

    • Mohsin Ali, Najeeb Zada
    Pages 7-23
  4. Application of Islamic Financial Contracts

    • Mohsin Ali, Najeeb Zada
    Pages 25-50
  5. Profit-Making in Islam: Justification and Importance

    • Mohsin Ali, Najeeb Zada
    Pages 51-59
  6. Issues Auxiliary to Islamic Trading Framework

    • Mohsin Ali, Najeeb Zada
    Pages 69-78
  7. Conclusion

    • Mohsin Ali, Najeeb Zada
    Pages 79-82
  8. Back Matter

    Pages 83-85

About this book

This book discusses the Islamic finance trading framework. It compares and contrasts conventional trading frameworks with Sharia compliant trading frameworks, explores trading under Islamic commercial law, trading practices and financial transactions prohibited under Islamic law, and profit making in Islam. In addition, it addresses related issues in government interventions, market structure, and business ethics and will be of interest to academics, researchers, and students of Islamic finance and banking.

Authors and Affiliations

  • Taylor’s Business School, Taylor’s University, Subang Jaya, Malaysia

    Mohsin Ali

  • Department of Islamic Theology, Islamia College Peshawar, Peshawar, Pakistan

    Najeeb Zada

About the authors

Mohsin Ali has a diverse background in academia and professional Islamic banking. He currently works as a Senior Lecturer at Taylor’s Business School, Taylor’s University, Malaysia. His research interests include conventional and Islamic economics and finance. He has a PhD in Islamic finance from INCEIF, Malaysia and received his bachelor's and master's in business administration from the International Islamic University, Islamabad.

Najeeb Zada completed his PhD in Islamic finance at INCEIF, Malaysia and is currently serving as a Lecturer in the historical Islamia College University, Peshawar, Pakistan. He has earned three master's degrees in Shariah, English, and Arabic respectively and has also completed a bachelor's degree in law (LLB). He serves as a Shariah board member of multiple institutions globally and undertakes research in the area of Shariah and legal aspects of Islamic finance in general and sukuk in particular.

Bibliographic Information

  • Book Title: The Islamic Finance Trading Framework

  • Book Subtitle: Legitimizing Profit Making

  • Authors: Mohsin Ali, Najeeb Zada

  • Series Title: Palgrave CIBFR Studies in Islamic Finance

  • DOI: https://doi.org/10.1007/978-3-319-96613-7

  • Publisher: Palgrave Pivot Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s) 2019

  • Hardcover ISBN: 978-3-319-96612-0Published: 16 September 2019

  • eBook ISBN: 978-3-319-96613-7Published: 30 August 2019

  • Series ISSN: 2523-3483

  • Series E-ISSN: 2523-3491

  • Edition Number: 1

  • Number of Pages: IX, 85

  • Number of Illustrations: 2 b/w illustrations, 8 illustrations in colour

  • Topics: Islamic Finance

Buy it now

Buying options

eBook USD 39.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 54.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access