Payame Noor University of IR. IRAN.journal of islamic finance research2345-48492220141222A Review of Various Aspects of Murabaha Sukuk and Survey of its Position concerning Financial Market in IranA Review of Various Aspects of Murabaha Sukuk and Survey of its Position concerning Financial Market in Iran9164855FAZeinabBiyabaniJournal Article20140602Nowadays, there are many tools in the world's financial markets. This diversity is a symbol of the dynamism of the economy in the country. For taking advantage of securities and new tools, various aspects of these instruments and the risks associated with them should be fully considered so that when used by investors and users they are not entered into loss. Murabahah is one of the new financial instruments in the field of Islamic bonds. In this study the legal jurisprudence aspects of Murabaha and Murabahah security risks have been reviewed. After explaining the history of Murabaha sukuk in Iran, the frequency of publication of this new financial instruments in the financial markets of Iran has been extracted and has been compared with Ijarah Sukuk and also the issuance of Murabahah has been studied compared with the total issuance of sukuk in the last year.
The study that used methods of electronic library resources, tried to answer the question whether Murabaha bonds having benefits in the financial markets has been welcomed Iran or not? The results show that due to the lack of attractiveness for investors in financial market of Iran, these bonds have little share. Therefore, it is necessary to take measures to increase the attractiveness of these bonds compared with other competitors to increase its attractiveness to investors in the financial market of Iran<strong></strong>Nowadays, there are many tools in the world's financial markets. This diversity is a symbol of the dynamism of the economy in the country. For taking advantage of securities and new tools, various aspects of these instruments and the risks associated with them should be fully considered so that when used by investors and users they are not entered into loss. Murabahah is one of the new financial instruments in the field of Islamic bonds. In this study the legal jurisprudence aspects of Murabaha and Murabahah security risks have been reviewed. After explaining the history of Murabaha sukuk in Iran, the frequency of publication of this new financial instruments in the financial markets of Iran has been extracted and has been compared with Ijarah Sukuk and also the issuance of Murabahah has been studied compared with the total issuance of sukuk in the last year.
The study that used methods of electronic library resources, tried to answer the question whether Murabaha bonds having benefits in the financial markets has been welcomed Iran or not? The results show that due to the lack of attractiveness for investors in financial market of Iran, these bonds have little share. Therefore, it is necessary to take measures to increase the attractiveness of these bonds compared with other competitors to increase its attractiveness to investors in the financial market of Iran<strong></strong>https://ifr.journals.pnu.ac.ir/article_4855_3ac408929daeb0a429569fd51b6357f5.pdfPayame Noor University of IR. IRAN.journal of islamic finance research2345-48492220141222Theoretical analysis of islamic general equilibrium model in capital market its relationship with povertyTheoretical analysis of islamic general equilibrium model in capital market its relationship with poverty17324857FAMajidBabaeiAllameh Tabatabaei universityJournal Article20140306Nowadays Poverty and underdevelopment are one of the main problems of the countries of the Islamic world. Various political, economic and cultural factors have contributed to the emergence of this phenomenon. Among economic factors, the sovereignty of the interest system has played a decisive role in exacerbating poverty. In recent decades, this dilemma has led Muslim scholars to draw up patterns of unbanked bankers based on the participatory perspective. In this paper, the economic factors of poverty and its solutions and challenges will be explored in the framework of a general equilibrium model whose financial system is based on participatory banking. Participatory banking, due to the optimal allocation of financial resources based on opportunity costs, increases the productivity of capital, which can increase the level of investment and consequently reduce economic growth; that, in the case of a fair distribution of income, there will be a reduction in the level of the poverty. The present study provides a comprehensive overview of various views on the balance of capital markets in an Islamic banking systemNowadays Poverty and underdevelopment are one of the main problems of the countries of the Islamic world. Various political, economic and cultural factors have contributed to the emergence of this phenomenon. Among economic factors, the sovereignty of the interest system has played a decisive role in exacerbating poverty. In recent decades, this dilemma has led Muslim scholars to draw up patterns of unbanked bankers based on the participatory perspective. In this paper, the economic factors of poverty and its solutions and challenges will be explored in the framework of a general equilibrium model whose financial system is based on participatory banking. Participatory banking, due to the optimal allocation of financial resources based on opportunity costs, increases the productivity of capital, which can increase the level of investment and consequently reduce economic growth; that, in the case of a fair distribution of income, there will be a reduction in the level of the poverty. The present study provides a comprehensive overview of various views on the balance of capital markets in an Islamic banking systemhttps://ifr.journals.pnu.ac.ir/article_4857_e02e380faba295b80092649bdc20edc6.pdfPayame Noor University of IR. IRAN.journal of islamic finance research2345-48492220141222Efficiency in Islamic Banking: an Empirical Analysis by Using DEAWEfficiency in Islamic Banking: an Empirical Analysis by Using DEAW33424858FAMohammad TaqhiGilak Hakim Abadieconomic department / mazandaran universityMohammad AliEhsanieconomic department / mazandaran universitySaeidHallajyaneconomic department / mazandaran universityJournal Article20140703Islamic banking in Iran as an important part of Islamic financial and economic system, aims to provide basic needs and increase public welfare. Therefore, Islamic banks subjected to special restrictions as compared to conventional banks. Efficiency is one of the important issues that supervisory departments and also customers which use the services of these financial institutions in addition to the bank managers are interested in<strong>.</strong> <br /><strong> </strong>The purpose of this research is to study the efficiency of Melli bank branches in Ramsar and Tonekabon, using data envelopment analysis window (DEAW). The method of window data envelopment based on changing efficiency and is useful to study unit operation trend. Efficiency of Melli bank branches in Ramsar and Tonekabon was calculated by using DEAW during years 2007-2011.The findings show that the branches 17, 2, and 11 have the highest ranks, respectively<strong>.</strong> <br />On the contrary, branches 5, 16 and 6 have 17th, 16th, and 15th ranks, respectively. Results also show that operation trends of more than half of the branches of Melli bank in Ramsar and Tonekabon are not efficient.<strong></strong>Islamic banking in Iran as an important part of Islamic financial and economic system, aims to provide basic needs and increase public welfare. Therefore, Islamic banks subjected to special restrictions as compared to conventional banks. Efficiency is one of the important issues that supervisory departments and also customers which use the services of these financial institutions in addition to the bank managers are interested in<strong>.</strong> <br /><strong> </strong>The purpose of this research is to study the efficiency of Melli bank branches in Ramsar and Tonekabon, using data envelopment analysis window (DEAW). The method of window data envelopment based on changing efficiency and is useful to study unit operation trend. Efficiency of Melli bank branches in Ramsar and Tonekabon was calculated by using DEAW during years 2007-2011.The findings show that the branches 17, 2, and 11 have the highest ranks, respectively<strong>.</strong> <br />On the contrary, branches 5, 16 and 6 have 17th, 16th, and 15th ranks, respectively. Results also show that operation trends of more than half of the branches of Melli bank in Ramsar and Tonekabon are not efficient.<strong></strong>https://ifr.journals.pnu.ac.ir/article_4858_29ed67a1b35b2d837fe82c3dc06e678f.pdfPayame Noor University of IR. IRAN.journal of islamic finance research2345-48492220141222An Islamic system for Firms financing in Iran based on of Institutional ApproachAn Islamic system for Firms financing in Iran based on of Institutional Approach43564859FAAsgharAbolhasani Hastianieconomic department/ payame noor universityAbolghasemEsnaasharieconomic department / payame noor universityRafiHasani Moghaddameconomic department/ damghan univeristyJournal Article20140514Institutional school has special attention to economic, cultural, social and political infrastructures which are basis of Economic Development. Institutional survey and problems facing the Iranian economy has been a concern for economists. One of these problems is how to finance firms and economic projects, which often lead to the injection of the firms and unbridled inflation in Iran. The purpose of this paper is to do an institutional survey on firm’s financial components which are banking, insurance, capital markets and foreign investment. Important questions in this paper are: What modifications should be made in financial institutions? Which is the optimum model of firm’s financing in Iran based on Islamic principles? These problems are also evaluated based on three levels of administrative procedures, norms and values (based on the Williamson comment). Finally, an appropriate system of Islamic finance is presented based on the structure of clusters.Institutional school has special attention to economic, cultural, social and political infrastructures which are basis of Economic Development. Institutional survey and problems facing the Iranian economy has been a concern for economists. One of these problems is how to finance firms and economic projects, which often lead to the injection of the firms and unbridled inflation in Iran. The purpose of this paper is to do an institutional survey on firm’s financial components which are banking, insurance, capital markets and foreign investment. Important questions in this paper are: What modifications should be made in financial institutions? Which is the optimum model of firm’s financing in Iran based on Islamic principles? These problems are also evaluated based on three levels of administrative procedures, norms and values (based on the Williamson comment). Finally, an appropriate system of Islamic finance is presented based on the structure of clusters.https://ifr.journals.pnu.ac.ir/article_4859_96e1d2804a1d848cae02d097f534e900.pdfPayame Noor University of IR. IRAN.journal of islamic finance research2345-48492220141222Prioritizing Islamic Home Finance Techniques in Iran,s Banking System Using VIKOR MethodPrioritizing Islamic Home Finance Techniques in Iran,s Banking System Using VIKOR Method57774860FAHosseinTamallokimellat investment bankMeysamAhmadvandtehran stock exchangeJournal Article20140409The main purpose of this paper is to review techniques of Islamic home finance through Iran<sup>,</sup> s banking system and prioritize them using VIKOR method. Based on an extensive literature review, this paper aims to highlight, explain and discuss the basic principles underlying implementation of six techniques of Islamic home finance including: Murabaha, Ijarah Muntahia Bittamleek, Musharakah Mutanaqisah, Tawarruq, Bay Bithaman Ajil and Parralel Istisna'a, then using experts<sup>,</sup> opinions and VIKOR method, also regarding legal, financial, jurisprudential and general criteria identified, prioritize them and finally introduce the most proper technique (techniques) for implementing in Iran<sup>,</sup>s home finance market. Based on opinions of experts in Islamic finance and home finance, this paper asserts that techniques of Musharakah Mutanaqisah, Murabaha and Ijarah Muntahia Bittamleek are more compliant with Islamic economics teachings and as such should be used more by Iran<sup>,</sup>s monetary institutions.
<strong> </strong>The main purpose of this paper is to review techniques of Islamic home finance through Iran<sup>,</sup> s banking system and prioritize them using VIKOR method. Based on an extensive literature review, this paper aims to highlight, explain and discuss the basic principles underlying implementation of six techniques of Islamic home finance including: Murabaha, Ijarah Muntahia Bittamleek, Musharakah Mutanaqisah, Tawarruq, Bay Bithaman Ajil and Parralel Istisna'a, then using experts<sup>,</sup> opinions and VIKOR method, also regarding legal, financial, jurisprudential and general criteria identified, prioritize them and finally introduce the most proper technique (techniques) for implementing in Iran<sup>,</sup>s home finance market. Based on opinions of experts in Islamic finance and home finance, this paper asserts that techniques of Musharakah Mutanaqisah, Murabaha and Ijarah Muntahia Bittamleek are more compliant with Islamic economics teachings and as such should be used more by Iran<sup>,</sup>s monetary institutions.
<strong> </strong>https://ifr.journals.pnu.ac.ir/article_4860_7e97ebd3eb0fb2e318f87fd20dc78c4e.pdfPayame Noor University of IR. IRAN.journal of islamic finance research2345-48492220141222Study the Effect of Financial Markets Development on Income Distribution in Islamic CountriesStudy the Effect of Financial Markets Development on Income Distribution in Islamic Countries78904861FARezaYousefi Haji Abadeconomic department / payame noor universityJournal Article20150427This paper examines the relations and financial market development on income distribution in Islamic countries at period of 2000-2012. The intended type in this article is Data Panel. The experimental results of this study is confirmed the significant and positive relationship the variable of income inequality financial development in Islamic countries and also, square of financial development is negative. The adequate evidence is being to confirm the existence of Greenwood and Jovanovich (1990) inverted-U-shaped non-linear relationship between financial development and income inequality in these countries. Proportion of loans in base of Islamic contracts are positive effect on income distribution. Also, human capital development and per capita GDP has negative effect and inflation has positive effect on income distribution inequality in the studied countries.This paper examines the relations and financial market development on income distribution in Islamic countries at period of 2000-2012. The intended type in this article is Data Panel. The experimental results of this study is confirmed the significant and positive relationship the variable of income inequality financial development in Islamic countries and also, square of financial development is negative. The adequate evidence is being to confirm the existence of Greenwood and Jovanovich (1990) inverted-U-shaped non-linear relationship between financial development and income inequality in these countries. Proportion of loans in base of Islamic contracts are positive effect on income distribution. Also, human capital development and per capita GDP has negative effect and inflation has positive effect on income distribution inequality in the studied countries.https://ifr.journals.pnu.ac.ir/article_4861_83fcba84a7f58191f55fd3472fb0a46a.pdfPayame Noor University of IR. IRAN.journal of islamic finance research2345-48492220141222Investigation of the ownership of mines from the point of view of the Shia jurisprudentsInvestigation of the ownership of mines from the point of view of the Shia jurisprudents911004862FAMohammad RasoulAhangaranTehran UniversityHosseinSanaeiQom UniversityJournal Article20140819No doubt the mine property determine how on public property, the Government budget and income of all people has the effect and significance of this impact requires that this be serious about exploring the topic.
What is in this paper studied the criteria and on the basis of the criteria of economy and Finance of the Islamic personality of the person or the owner of the mines will be considered? In this regard, in the research ahead with a visit to the Shi'ite religious books and documentation available to elicit a warrant based on this issue has been addressed. This article reviews the new addition to the technology and analysis of the ideas of the experts, the line is famous for its drag on the invalidation of the males in the field there and because it initially appears to be, there is a theory among faqihs, but three have been carefully it turns out that only one theory of what constitutes acceptable and posed in this field is emerge and it is simply abide by the theory. The present article is in the category of the analytical review in a mining property and using a library of data with the new approach to the field of entries accordinglyNo doubt the mine property determine how on public property, the Government budget and income of all people has the effect and significance of this impact requires that this be serious about exploring the topic.
What is in this paper studied the criteria and on the basis of the criteria of economy and Finance of the Islamic personality of the person or the owner of the mines will be considered? In this regard, in the research ahead with a visit to the Shi'ite religious books and documentation available to elicit a warrant based on this issue has been addressed. This article reviews the new addition to the technology and analysis of the ideas of the experts, the line is famous for its drag on the invalidation of the males in the field there and because it initially appears to be, there is a theory among faqihs, but three have been carefully it turns out that only one theory of what constitutes acceptable and posed in this field is emerge and it is simply abide by the theory. The present article is in the category of the analytical review in a mining property and using a library of data with the new approach to the field of entries accordinglyhttps://ifr.journals.pnu.ac.ir/article_4862_6c34e44092668e99e5cc17e2aa8a175a.pdf