Jurisprudential Strategies to Develop Land and Buildings Investment Fund in the Economy of Iran

In the housing market economy and the capital market, the currency, gold and such likes enjoy special momentum. The mobility of this industry can be highly effective in economic boom and bringing the economy out of recession. The land and buildings investment fund is one of the effective tools in the housing market in the world. This fund is created by collecting the small capital of natural or legal persons in a bid to invest in gigantic building projects. The existence of a strong and lawful supervising body can lead to more willingness and confidence on the part of investors to enter such projects. It is, therefore, necessary to study from a jurisprudential perspective the structure, function and performance of this fund to work out legal relationships and appropriate tools. In the first part of this article, efforts have been made to analyze the nature, function and relationships of this fund in the world and Iran. In the second part, jurisprudential strategies have been presented to design an appropriate tool in line with the economic boom in Iran .