جستجوی مقالات مرتبط با کلیدواژه "ابزارهای تامین مالی اسلامی" در نشریات گروه "علوم انسانی"

One of the innovations of the last decade in the field of Islamic monetary discussions is the publication of various Islamic securities.The release of different types of Islamic financing tools as an alternative to conventional bonds is considered one of the most important achievements of Islamic finance,which has found a special place in Islamic and non-Islamic countries,which are designed based on Islamic contracts and are a suitable alternative to bonds. Interest-bearing securities are especially bonds.The aim of the present study is to analyze the impact of Islamic financing tools on monetary policies in Iran with Taylor rule approach in the period of 1984-2020using quantile regression method.The results show that Islamic financing tools have a negative effect on the growth rate of the monetary base.In other words,with the increase in the use of Islamic financing tools,the monetary base growth rate has decreased,which shows that the behavior of monetary policy makers towards Islamic financing tools has been based on rules.

The construction industry is one of the industries that requires significant capital. Funding is one of the main concerns of builders. Failure to provide it on time causes delays in the implementation of projects and as a result increases the cost. Among the financing methods of this industry are capital market instruments, especially sukuk. Despite the development of Islamic financial instrument and the use of other industries and economic enterprises, these methods have not yet been welcomed by manufacturers. There is a lack of acceptance even regarding istisna bond. So far, significant researches have been conducted in the field of jurisprudence and legal issues of this tool, but the research gap regarding the practical model and the reasons for its lack of acceptance is noticeable. One of these reasons is the impossibility of pre-selling the residential units of the project as a method of financing and risk management. The research question is about the possibility of using pre-sale in istisna bonds made by the founder. In this research, an attempt has been made to overcome this limitation by using two contracts of Salam and ijarah. In this regard, the proposed contracts have been analyzed from the aspect of jurisprudence and economic issues, and the advantages and suggested solutions for risk management of the models have also been presented. The results of the research indicate the possibility of using both contracts for pre-sale based on jurisprudence and economics. Of course, using an ijarah due to the payment of the unit price in the form of rent installments is a more desirable method and has the maximum compliance with the custom of this industry.

Most common financial instruments used in social banks include crowdfunding, microfinance, and social business model (excluding dividends). Therefore, one of the social banks (SB) challenges is inadequate and unstable financial resources. This is an important constraint on pursuing their social missions. This study aims to examine the sustainability of financial resources in a social bank implementing Islamic financial instruments such as Ijarah -to give something on rent- and Mozara’ah contract. Mozara’ah is an agreement between the owner of the land and the farmer. The farmer cultivates the land and the produce is divided between the parties in an agreed with fixed-ratio.

The study compares the sustainability of SB cash flow based on Islamic financial instruments such as Ijarah and Mozara’ah with an SB cash flow based on debt facilities such as microfinance using dynamic system simulation. The simulation is done by Vensim software.

The results show that the process of cash flow in the SBs with Ijarah and Mozara’ah, enjoys an uptrend. Whereas, the cash flow of SBs with Microfinance reflects the fluctuating behavior. Also, results of the simulation model consisting of Ijarah and Mozara’ah show a rate of return of 13 % in the second year and 20% in the sixth year on deposits which is higher than the interest rate of social banks based on microfinance.

According to this research, the SBs using asset-based facilities would be more attractive for depositors in comparison with the SBs using debt-based facilities. So that they can overcome the limitation of access to sustainable financial resources. Therefore, they can be more successful in fulfilling their social mission.

Islamic finance includes all operations, services, as well as transactions that take place in the financial markets and are in accordance with the principles, rules and laws of Islam and the Holy Sharia. In the past, Islamic financing instruments may not have received much attention, but in recent years, special attention has been paid to the Islamic financial system, and not only Muslim countries, but also non-Muslim countries have used this efficient system, so that as predicted, The expansion of the Islamic financial market by 2024 will reach more than 3.5 trillion US dollars. The purpose of this study is a meticulous and accurate analysis of the concepts and principles of the Islamic financial system; hence, this research is an applied research of descriptive-analytical type. Therefore, in this study, the Islamic financial system is described as an efficient financial system based on Islam and holy Sharia and a dynamic solution for the economy in today's turbulent world.

The construction industry is one of the most important industrial sectors due to its significant effect on the employment, family welfare and Gross national product (GNP), where more than 100 industries are directly and indirectly involved. The dimensions considered in this industry indicate the the advers effects of government interventions on housing finance or the inability of the government to cope with the problem. Also, most of the available financing instruments are focused on manufacturer financing. This is despite the fact that in recent years, due to the significant growth of housing prices, real purchasing power has fallen sharply. The introduced sukuk has not yet been able to completely meet the financing needs of the industry due to mismatching of project cash flow. Salam security as one of the new financing instruments has been very popular. To date, numerous studies have been conducted on the salam security considering the islamic law and country’s law, but there is a research gap regarding the use of this financial instrument, especially in developing a model that complies with the Construction industry regulations. The research question was focused on using salam securities for buying house (especially buyers in salam).Therefore, the aim of this study was to develop the new financing instrument for buying house through issuing the Salam securities based on a descriptive-analytical approach especificly to deliver housing unit at the maturity. It can be used as an appropriate financial instrument in the country’s capital market to finance the housing sector. Salam security introduced in this study was focused on financing the buyer as new Islamic Financial instrument in the housing sector. The results of the study and their comparison with the rules and regulations, especially those approved by the jurisprudential committee, indicated the possibility of implementing the proposed model

Recently, financing knowledge-based companies as a strategic issue in Iranian economy has been considered by many domestic bankers. In this regard, the establishment of venture funds and the allocation of credit lines may be considered as major activities of the banking system. However, there are many challenges on the road to achieve effective financing of knowledge-based companies, namely the existing risks, absence of supervision, valuation approaches to science-based projects, etc. that despite extensive studies provide some improving opportunities in this area. Here, the Export Development Bank of Iran due to its supportive role in Iranian international trade is being engaged with an expert study for presenting a novel idea based on Islamic financial instruments as one of these achievements. This article will explain the aspects of the model and is organized as follows: At first, it reviews some statistics related to venture capital in Iran and the world and tries to analyze the current situation of knowledge-based financing. It continues with the development of literature reviews and determines the desired situation. Then the proposed model is to cover the gap between these situations and finally, it benefits from experts to validate the model and its applications.