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

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.

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