The Swap Contracts Interest Rate Swap Contracts to Swap Currency Contracts. What They Are. And Provisions

Abstract

The swap contracts is one of the types of financial derivatives produced by the contemporary economic financial engineering contracts. and between researcher in his concept of the swap contracts. then went on to indicate the most important types of swaps contracts; two interest rate swap contracts. currency swap. then between pregnancies legitimate for these two types. The researcher concluded in his study to the sanctity of interest rate swap contracts; because it involves a number of legitimate caveats. including usury both types. if the money from one currency. or riba al only; if the two currencies. also includes gambling. the sale of debt Balde. and ambiguity. Also found that the swap currency rate swaps consists of two decades: The first decade. it is permissible if the exchange be achieved in the decade Council. because the exchange meets the conditions. and the second decade. Vmahram religiously; where they are selling the purchased currency in the first decade other currency later. jeopardized the requirement in the same sitting of the Council. also includes another pitfall. an ambiguity.