Derivatives in Islamic Finance

Shedding light on the way the Islamic finance industry conceptualises the role of financial instruments in a market risk management framework that adheres to the objectives of Islamic jurisprudence, Sherif Ayoub explains the issues surrounding the avoidan

... mainly of illiquid assets (particularly Murabaha financing) and strong
competition emanating from both conventional and other Islamic banks, should
not be expected to garner much success in marketing financial products to their
depositors, ...