the condition within the contract is a principle that has been recognized in the islamic law but there is disagreement among the authorities concerning its impact on the condition of the contract in the two stages of formation and continuation of the contract. in the formation stage, the difference is in terms of the relation between the condition and the subject, concerning which, from among t...

Following the economic rationale of [10] and [11] we present a new class of lookback options (by first studying the canonical ‘Russian’ variant) where the holder enjoys the early exercise feature of American options whereupon his payoff (deliverable immediately) is the ‘best prediction’ of the European payoff under the hypothesis that the true drift of the stock price equals a contract drift. I...

Following the economic rationale of [7] and [8] we present a new class of Asian options where the holder enjoys the early exercise feature of American options whereupon his payoff (deliverable immediately) is the ‘best prediction’ of the European payoff under the hypothesis that the true drift of the stock price equals a contract drift. Inherent in this is a protection feature which is key to t...

the principle of sovereignty of will is taken into consideration in jurisprudence and law as one fundamental, significant principle. one instant of declaring sovereignty of will is the right to cancel the contract through option of condition. that the contracts are subject to the option of condition is easily accepted – though whether this is acceptable with some instants of contracts such as m...

In Europe, a growing population of aging citizens have migrant background, and many their origin in non-Western countries. Often, care arrangements these families are different from those the majority populations. Denmark, number immigrant utilise an option Social Service Act, under which municipalities can contract family member to take elderly citizen at home. Due special construct ‘self-appo...

option contracts are one of the most important financial instruments which have been recently considered as a vehicle for management of risks and development of capital market. in iran, the importance of option contracts is increasingly recognized in the capital market. in this article the legal aspects of option contracts will be examined. for this purpose the views of islamic jurists and lawy...

this research investigates the legal effects of marriage contract provision. through the study of reasons present in the issue, the author concludes that being loyal to the provision is considered as a legal requirement and the one against whom the condition is made can be forced to be faithful. of course in case of violation from the marriage provision, the option of annulment is not proved, w...