Azhar, Alias and Zainol, Mohd Zaki and Abdul Rahman, Mohd Nizho (2015) Kontrak tukaran matawang asing melalui internet: Satu tinjauan hukum. UUM Journal of Legal Studies, 6. pp. 137-146. ISSN 2229-984X

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Abstract

Foreign currency exchange contracts or foreign exchange (forex) began to arise when there is an international trade transaction involves two countries using different currencies. The legal assessment of the said issue should apply methods of interpretation and understanding of the terms to be applied in the contract.Terms such as leverage, hedging (hedging) and swap are thoroughly evaluated based on a practical modus operandi allowing for the precise legal assessment.This article discusses the contractual issues and modus operandi of foreign currency transactions and its application from the practical aspects using the Internet.Discussion on the legal assessment is based on the Islamic law of transactions on applied type of contract ('akad), the use of hedging and leverage in foreign exchange contracts via the Internet.

Item Type:	Article
Uncontrolled Keywords:	Contract, Foreign Exchange, Islamic Transaction, Leverage, Muamalat
Subjects:	H Social Sciences > HG Finance K Law > K Law (General)
Divisions:	School of Law
Depositing User:	Dr. Alias Azhar
Date Deposited:	15 May 2017 09:25
Last Modified:	15 May 2017 09:25
URI:	https://repo.uum.edu.my/id/eprint/22076

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