Publication:
Masudul Alam Choudhury - Islamic critique and alternative to financial engineering issues
Abstract
Financial engineering is fast becoming popular not only in business management schools but also as a speciality in higher level institutes of technology. In essence, it applies economic principles to the dynamics of financial securities comprising the instruments used in the money and capital markets. Financial engineers educate us on utilizing securities and other materials with a view to erecting the risk-return trade-offs with reference to the pricing of securities, hedging, trading or portfolio management. The techniques they use cover areas which broadly include investment banking, securities' valuation and trading, information systems management, corporate strategic planning, swaps and derivative transactions.
Keywords
Financial engineering , Pricing of securities , Hedging , Trading or portfolio management
Citation
Hasan, Zubair. (2009). Masudul Alam Choudhury - Islamic critique and alternative to financial engineering issues. Journal of King Abdulaziz University: Islamic Economics, 22 (2), pp. 253-258.
Publisher
King Abdulaziz University