http://wiki.islamicfinance.de/index.php?action=history&feed=atom&title=Tahawut 2026-04-25T10:33:27Z Revision history for this page on the wiki MediaWiki 1.27.0 http://wiki.islamicfinance.de/index.php?title=Tahawut&diff=116&oldid=prev 2010-10-01T11:58:36Z

<p></p> <p><b>New page</b></p><div>[[Ta'hawwut]] (or Tahawwut) is the Arabic word used to mean hedging.<br /> <br /> Further it is the name of the master agreement being developed jointly by the [[International Islamic Financial Market]] (IIFM) and the International Swaps and Derivatives Association (ISDA) to provide a template for [[Islamic Derivatives]] transactions.<br /> <br /> The template is based on the use of [[waad]], [[murabaha]] and for the close out amount in case of early termination of outstanding obligations [[musawama]].<br /> <br /> ==References==<br /> <br /> * [http://www.nortonrose.com/knowledge/publications/2010/pub26861.aspx?lang=en-gb The Ta’Hawwut Master Agreement - Explanations by Norton Rose]<br /> * [http://ftalphaville.ft.com/blog/2010/03/01/161386/sharia-compliant-hedging-is-finally-actually-here/ Sharia compliant hedging is finally, actually here] from FT Alphaville<br /> * [http://www.klgates.com/newsstand/Detail.aspx?publication=6287 Shari’ah-Compliant Master Agreement Introduced for Hedging Islamic Finance Transactions] by K&amp;L Gates<br /> * [http://www.isda.org/publications/pdf/ISDA-IIFM-Explanatory-Memorandum.pdf Explanatory Memorandum] from ISDA website</div>

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