ABSTRACT
Choice, the ultimate tragedy, the utmost honor, the savior of all miseries, and the beacon of all light. The power to choose not only gives strength but also exposes one to an eternal fear, that of regret. What if the choice turns out to be wrong? The decision requires the act of balancing and counterbalancing. The costs and the benefits are juxtaposed. Discovering the optimum turns into an addiction that causes one to strive and thrive. Islamic finance also offers a myriad of choices. The domain of the prohibited also offers freedom to choose. The pursuit of the desire for profit is subdued by the fear of risk. The dance of hope and fear gives birth to some Islamic financial products while offering the gift of annihilation to others.
