Document Detail


Reasons on the similarity of objections with regards to gambling and speculation in islamic finance and conventional finance.
MedLine Citation:
PMID:  20514512     Owner:  NLM     Status:  In-Data-Review    
Abstract/OtherAbstract:
Gambling and speculation which leads to zero-sum outcomes are prohibited in Islamic finance and condemned in conventional finance. This article explores the reasons for the similarity of objections towards gambling and speculation. Three probable reasons are explored namely the concept of stewardship in conventional thought and the concept of khalifa in Islam, Christianity and morality's influence on conventional law and finance and the concept of ethics of sacrifice and ethics of tolerance.
Authors:
Sherin Kunhibava
Publication Detail:
Type:  Journal Article    
Journal Detail:
Title:  Journal of gambling studies / co-sponsored by the National Council on Problem Gambling and Institute for the Study of Gambling and Commercial Gaming     Volume:  27     ISSN:  1573-3602     ISO Abbreviation:  J Gambl Stud     Publication Date:  2011 Mar 
Date Detail:
Created Date:  2011-03-10     Completed Date:  -     Revised Date:  -    
Medline Journal Info:
Nlm Unique ID:  9425991     Medline TA:  J Gambl Stud     Country:  United States    
Other Details:
Languages:  eng     Pagination:  1-13     Citation Subset:  IM    
Affiliation:
International Shariah Research Academy (ISRA), 2nd Floor, Annexe Block, Menara Tun Razak, Jalan Raja Laut, Malaysia, sherin@isra.my.
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