Front Matter -- Structural Models of Commodity Prices / Craig Pirrong -- Forward Curve Modelling in Commodity Markets / Svetlana Borovkova, Ȟlyette Geman -- Integrating Physical and Financial Risk Management in Supply Management / Paul R Kleindorfer -- The Design of New Derivative Markets / Giovanni Barone-Adesi -- Risk Premia of Electricity Futures: A Dynamic Equilibrium Model / Wolfgang Buhler -- Measuring Correlation Risk for Energy Derivatives / Roza Galeeva, Jiri Hoogland, Alexander Eydeland, CMG Morgan Stanley -- Precaution and a Dismal Theorem: Implications for Climate Policy and Climate Research / Gary W Yohe, Richard S J Tol -- Incentives for Investing in Renewables / Paolo Falbo, Daniele Felleti, Silvana Stefani -- Hedging the Risk of an Energy Futures Portfolio / Carol Alexander -- Spark Spread Options when Commodity Prices are Represented as Time Changed Processes / Elisa Luciano -- Freight Derivatives and Risk Management: A Review / Manolis G Kavussanos, Ilias D Visvikis -- Mean-Reversion and Structural Breaks in Crude Oil, Copper, and Shipping / Ȟlyette Geman, Steve Ohana -- Managing Agricultural Price Risk in Developing Countries / Julie Dana, Christopher L Gilbert -- Gaining Exposure to Emerging Markets in Institutional Portfolios: The Role of Commodities / George A Martin, Richard Spurgin -- Case Studies and Risk Management in Commodity Derivatives Trading / Hilary Till -- Index.

Includes bibliographical references (pages 319-328) and index.

The forward commodities market -- Is it permissible to exchange gold with paper money on forward basis? -- The forward market for currencies -- Concept, scope of futures contracts and speculation -- Sale prior to taking possession, sale of debt and futures contract -- Futures market regulation -- Concept and scope -- Khiyār Al-Sharṭ, risk management and options -- 'Arbūn risk management and options -- The sale of pure rights and the legality of options.

Addresses derivatives instruments in Islamic finance. This work highlights the benefits of these instruments, their legal aspects and the appropriate alternatives. It discusses the forward, futures and options contracts in commodity markets. It examines the arguments in favour of and against these instruments.

Electronic reproduction. Hoboken, N.J. : Wiley InterScience, 2012. Mode of access: World Wide Web. System requirements: Web browser. Title from title screen (viewed on May 31, 2012). Access may be restricted to users at subscribing institutions.

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