Islamic Instruments

Abstract

Islamic Instruments Abstract The purpose of this article is to describe the status of Islamic instruments, to track their origin, their advantages and their types by explicating the developments that took place in this area. It shows that Islamic instruments are documents of equal value that represent common shares in the ownership of objects, benefits or services in the assets of a particular enterprise or investment activity after the collection of the value of the instruments and the closure of the subscription and the commencement of their use while issuing them. There are several types of Islamic instruments such as agricultural instruments, industry instruments, instruments of peace, instruments of tenancy, instruments of participation and instruments of speculation. Keywords: Islamic instruments, tenancy instruments, participatory instruments, speculative instruments