Abstract:Purpose -The purpose of this paper is to illuminate issues surrounding executive compensation as it relates to current understandings of Islamic business law. Design/methodology/approach -The emerging bodies of literature in the fields of executive compensation and opinions of stock options under Shari'a law are reviewed.Findings -It appears that the trend in offering employee stock options as part of a Shari'a compliant compensation package is acceptable in most cases, yet because of its close association wit… Show more
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