Option contracts in the light of legal and Sharia logic

Abstract

Options contracts are a type of derivativethat in turnis a developedsecurities, and thesechoicesplay a role in transferringfinancialrisksfrom one client to another. Although practical in economic life, it has been subjected to conside rable shortcomings by many economists as well as those interested in legitimate financial studies. Based on the above, this research was to illustrate the challenges facing these contracts by identifying the obstacles for them and trying to analyze these obstacles and the reservations contained in them philosophically in accordance with the requirements of Islamic law, to the desired benefit