Payame Noor University of IR. IRAN. journal of islamic finance research 2345-4849 2 1 2014 06 22 Evaluation of Flexibility of Islamic Securities (Sukuk) to Government Finance Evaluation of Flexibility of Islamic Securities (Sukuk) to Government Finance 25 42 3753 FA Alireza Porfaraj Ayob Khazaei Journal Article 2013 12 16 With respect to financing government expenditures and Due to the necessity of analysis of effective ways of financing these expenditures, this paper reviews literature on the Islamic Securities and with a descriptive method, explains government expenditures and ways of financing them. This paper seeks to answer two questions: (1) which of Islamic Securities has more flexibility to finance government expenditures? (2) Which of government expenditures can be financed more easily? Results show that Islamic Treasury Bills, Istisna' and Ju'alah sukuks have more flexibility in financing government expenditures.In other hand, government spending on purchasing required goods can be financed easily. Next in rank are government spending on new development projects and the cost of performing incomplete development projects. With respect to financing government expenditures and Due to the necessity of analysis of effective ways of financing these expenditures, this paper reviews literature on the Islamic Securities and with a descriptive method, explains government expenditures and ways of financing them. This paper seeks to answer two questions: (1) which of Islamic Securities has more flexibility to finance government expenditures? (2) Which of government expenditures can be financed more easily? Results show that Islamic Treasury Bills, Istisna' and Ju'alah sukuks have more flexibility in financing government expenditures.In other hand, government spending on purchasing required goods can be financed easily. Next in rank are government spending on new development projects and the cost of performing incomplete development projects. https://ifr.journals.pnu.ac.ir/article_3753_15cbccac98b170cc6039b3aaa37014f9.pdf