The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market
In this study, new methods of financing and their impact on the profitability of companies are investigated in Iran's capital market. New financing methods include rental or leasing Sukuk issuance which can be considered as a suitable alternative for financing companies. Sukuk is an Islamic deb...
| Main Authors: | , |
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| Format: | Article |
| Language: | fas |
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Iran Banking Institute
2017-11-01
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| Series: | مطالعات مالی و بانکداری اسلامی |
| Subjects: | |
| Online Access: | http://jifb.ibi.ac.ir/article_54994_d59daf5d5bb7117cbfb8aac066823e55.pdf |
| _version_ | 1819153553543921664 |
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| author | Vahid Bekhradi Nasab Fatemeh Zholanezhad |
| author_facet | Vahid Bekhradi Nasab Fatemeh Zholanezhad |
| author_sort | Vahid Bekhradi Nasab |
| collection | DOAJ |
| description | In this study, new methods of financing and their impact on the profitability of companies are investigated in Iran's capital market. New financing methods include rental or leasing Sukuk issuance which can be considered as a suitable alternative for financing companies. Sukuk is an Islamic debt instrument that is backed by real assets to be released. In this study, financial information of 24 companies listed on Tehran stock exchange, which have attempted to issue Sukuk until the date of preparation of this study, has been studied using the econometric software EViews during the period 2007-2014. Research model employs the OLS regression approach and panel data estimates. Research results suggest that if companies use Ijarah Sukuk, the profit process in these companies is improved and profitability rises by increasing the use of islamic leasing bonds, but Murabaha Islamic bonds do not impact on profitability. |
| first_indexed | 2024-12-22T15:07:01Z |
| format | Article |
| id | doaj.art-41d111c4c461402ba734f6efde1932c3 |
| institution | Directory Open Access Journal |
| issn | 2588-3569 2588-4433 |
| language | fas |
| last_indexed | 2024-12-22T15:07:01Z |
| publishDate | 2017-11-01 |
| publisher | Iran Banking Institute |
| record_format | Article |
| series | مطالعات مالی و بانکداری اسلامی |
| spelling | doaj.art-41d111c4c461402ba734f6efde1932c32022-12-21T18:21:58ZfasIran Banking Instituteمطالعات مالی و بانکداری اسلامی2588-35692588-44332017-11-013بهار و تابستان13516854994The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital MarketVahid Bekhradi Nasab0Fatemeh Zholanezhad1M. A in AccountingM. A in AccountingIn this study, new methods of financing and their impact on the profitability of companies are investigated in Iran's capital market. New financing methods include rental or leasing Sukuk issuance which can be considered as a suitable alternative for financing companies. Sukuk is an Islamic debt instrument that is backed by real assets to be released. In this study, financial information of 24 companies listed on Tehran stock exchange, which have attempted to issue Sukuk until the date of preparation of this study, has been studied using the econometric software EViews during the period 2007-2014. Research model employs the OLS regression approach and panel data estimates. Research results suggest that if companies use Ijarah Sukuk, the profit process in these companies is improved and profitability rises by increasing the use of islamic leasing bonds, but Murabaha Islamic bonds do not impact on profitability.http://jifb.ibi.ac.ir/article_54994_d59daf5d5bb7117cbfb8aac066823e55.pdfNew Islamic BondsSukukMurabahaIjarahProfitability |
| spellingShingle | Vahid Bekhradi Nasab Fatemeh Zholanezhad The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market مطالعات مالی و بانکداری اسلامی New Islamic Bonds Sukuk Murabaha Ijarah Profitability |
| title | The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market |
| title_full | The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market |
| title_fullStr | The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market |
| title_full_unstemmed | The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market |
| title_short | The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market |
| title_sort | investigating relationship islamic securities financing and profitability in the iranian capital market |
| topic | New Islamic Bonds Sukuk Murabaha Ijarah Profitability |
| url | http://jifb.ibi.ac.ir/article_54994_d59daf5d5bb7117cbfb8aac066823e55.pdf |
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