2013 Awards for Excellence
Article Type:
2013 Awards for Excellence
From:
Journal of Financial Crime, Volume 21, Issue 1
The following article was selected for this year’s Outstanding Paper Award for Journal of Financial Crime
Insider dealing: fraud in Islam?
Siti Faridah Abdul Jabbar
Purpose – The purpose of this paper is to examine whether insider dealing is fraud from the perspective of Islam. The paper uses analogy () of the injunctions in the and and critical analysis of literature on Islam. The paper finds that insider dealing is fraud () in Islam and the defrauded party has the option to rescind the transaction for fraud () as well as for latent defect (). The paper is practical as a source of reference in legislating laws relating to insider dealing particularly where is the principal source of law. The paper presents a novel attempt in establishing that insider dealing is fraud from the perspective of Islam.
Design/methodology/approach –qiyasQuranSunnah
Findings –taghrirkhiyar al-tadliskhiyar al-‘aib
Practical implications –Shariah
Originality/value –
This article originally appeared in Volume 19 Number 2, 2012. Journal of Financial Crime
The following articles were selected for this year’s Highly Commended Award
“Market abuse, fraud and misleading communications
Andrew Haynes
This article originally appeared in Volume 19 Number 3, 2012, Journal of Financial Crime
“Improving anti-corruption agencies as organisations
Alan Doig, David Norris
This article originally appeared in Volume 19 Number 3, 2012, Journal of Financial Crime
“The gift that keeps on giving: does the protection against double jeopardy have any application to international crime?
Tyler W. Hodgson
This article originally appeared in Volume 19 Number 4, 2012, Journal of Financial Crime
