Design Alternatives Repurchase Agreement in Framework of non-Interest Banking Operations

In traditional economy, most of interbank market tools like Repurchase Agreement are based on loan along with surplus, for this reason, they are not applied in interest-free banking system. Thus, it is necessary that s Arrangements are thought for increasing the role of interbank market in money markets of Islamic countries. One of the most confident and applicable tools in common interbank money markets, is repurchase agreement.
current article with a juratory inspection and method design, and based on library sources, while difficulties explanation and said cause Repurchase Agreement using embargo and also describe a clear picture of the nature of this tool, to examine thin hypothesis that can Defined Alternatives for repurchase agreement in framework non-interest banking. The results of this research indicate that Due to the impossibility using repurchase agreement in non-interest banking and with regard to efficient maintaining and religious issues, Solutions like bayal khiyar (sale with option details), interbank common fund and the third person with nature of attorney in Non-interest interbank market can we to reach Intended goals in using repurchase agreement.