Juridical and Economic Look to the Ijarah securities, features and benefits

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Article Type:
Research/Original Article (دارای رتبه معتبر)
Abstract:
The nature criticized usury bonds and the need to replace the legitimate means of monetary policy, such as Musharaka securities and Ijarah securities, to fight inflation and recession on the one hand and on the other hand inefficiency of Musharaka securities in practice, leading some Islamic countries in the Ijarah securities and ability to provide assets and liquidity of the natural and legal persons, in conditions of severe financial restrictions and sanctions of country, by issuing Ijarah securities, are other factors and causes the necessity of applying the attractiveness of Ijarah securities in Iran. This paper seeks to understand the necessity of using financial instruments, as a requirement of undeniable economic and explain the characteristics of Ijarah securities, reviews devoid of the financial instruments from the elements of interest, Gharar and simulation as important criteria of Islamic jurisprudence and concern of the Islamic scholars as an important issue , and with half a glance at the problems and shortcomings Musharaka securities in practice, because of the benefits of Ijarah securities, rather than the Ijarah securities, and the conclusion of it will explain, which has been less attention.
Language:
Persian
Published:
Financial Knowledge of Securities Analysis, Volume:12 Issue: 41, 2019
Pages:
195 to 210
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