Future's Sukuk of Exchange: A tool in order to adjusting foreign exchangemarket

Abstract:
Fluctuations inforeignexchange ratesagainstthe national currecyis one of themain factorscausinguncertaintyanddisordersas a result ofthe currency market. Therefore, countries using the futures Exchange, the price and sales with them ethod that will beex changed in the future, the management and control offoreign exchange fluctuation shave. But according to the trading religion against religion based on Shia jurisprudence, is illegitimate, ýthis method can be used to manage exchange rate fluctuations in our country and only if all ýconditions are met futures contract, take advantage of it exist. On the other hand, high capacity ýutilization of financial tools, based on possible legal contract management and foreign ýexchange fluctuations to provide the monetary authorities. So can "ý Future's Sukuk of Exchange" is one of the financial tools.
This article is a descriptive - analytical method and use valid library has tried to prove the ýhypothesis that "theý Future's Sukuk of Exchange A tool in order to adjusting foreign exchange market fluctuations, liquidity ýcontrol and speculative behavior in the currency market is" and concluded Exchange futures can be ýconcluded that the sukuk to control three major foreign exchange market turmoil, the grammatical ýfixed exchange rate by the central bank, the volume of liquidity and speculative behavior, be used.ý
Language:
Persian
Published:
Islamic Economics & Banking, Volume:5 Issue: 14, 2016
Pages:
193 to 206
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