Islamic Capital Markets Datin Suraya is a successful businesswoman who owns a booming business of importing foreign Gucci bags from London. Her financial advisor has warned her of an impending drop in the value of the sterling pound. Datin Suraya is worried about potential losses to her business. She approaches an Islamic bank for solutions. Advise Datin Suraya on the following:

i) Whether hedging is allowed in Islam

ii) Suitable Islamic derivative instruments that might be used in Datin Surayas situation.