Study of the Issuing “ISTISNA' Sukuk” in the Stock Market

Along with other transitional developments Iranian capital market is also expected to expand and diversify in the course of country’s 20 year perspective development plan. Securities and exchange council has recently authorized several financial instruments in order to meet the needs of the market f...

Full description

Bibliographic Details
Main Authors: Mohamad Naghi Nazarpoor, Ayoub Khazaei
Format: Article
Language:fas
Published: Allameh Tabataba'i University Press 2012-09-01
Series:فصلنامه پژوهش‌های اقتصادی ایران
Subjects:
Online Access:https://ijer.atu.ac.ir/article_2791_d6daa8ee2363bd08fd71bdb5e963c669.pdf
_version_ 1797369417794846720
author Mohamad Naghi Nazarpoor
Ayoub Khazaei
author_facet Mohamad Naghi Nazarpoor
Ayoub Khazaei
author_sort Mohamad Naghi Nazarpoor
collection DOAJ
description Along with other transitional developments Iranian capital market is also expected to expand and diversify in the course of country’s 20 year perspective development plan. Securities and exchange council has recently authorized several financial instruments in order to meet the needs of the market for financing various economic projects. One of these instruments is the “ISTISNA' Sukuk”. This paper introduces this new financial instruments and gives a clear description of it, and its various forms such as “debt purchase Sukuk”, “lease to own Sukuk”, and “mortgage based Sukuk”. Finally various features of the proposed sukuk are compared and analysed.
first_indexed 2024-03-08T17:46:27Z
format Article
id doaj.art-ea2cbdf3a87e49c38ed3fe2443accfd0
institution Directory Open Access Journal
issn 1726-0728
2476-6445
language fas
last_indexed 2024-03-08T17:46:27Z
publishDate 2012-09-01
publisher Allameh Tabataba'i University Press
record_format Article
series فصلنامه پژوهش‌های اقتصادی ایران
spelling doaj.art-ea2cbdf3a87e49c38ed3fe2443accfd02024-01-02T10:29:00ZfasAllameh Tabataba'i University Pressفصلنامه پژوهش‌های اقتصادی ایران1726-07282476-64452012-09-0117521832092791Study of the Issuing “ISTISNA' Sukuk” in the Stock MarketMohamad Naghi Nazarpoor0Ayoub Khazaei1Assistant professor in Economic, Mofid UniversityMA in Economic, Mofid universityAlong with other transitional developments Iranian capital market is also expected to expand and diversify in the course of country’s 20 year perspective development plan. Securities and exchange council has recently authorized several financial instruments in order to meet the needs of the market for financing various economic projects. One of these instruments is the “ISTISNA' Sukuk”. This paper introduces this new financial instruments and gives a clear description of it, and its various forms such as “debt purchase Sukuk”, “lease to own Sukuk”, and “mortgage based Sukuk”. Finally various features of the proposed sukuk are compared and analysed.https://ijer.atu.ac.ir/article_2791_d6daa8ee2363bd08fd71bdb5e963c669.pdfistisna' contractistisna' sukukislamic financial instrumentsstock exchange
spellingShingle Mohamad Naghi Nazarpoor
Ayoub Khazaei
Study of the Issuing “ISTISNA' Sukuk” in the Stock Market
فصلنامه پژوهش‌های اقتصادی ایران
istisna' contract
istisna' sukuk
islamic financial instruments
stock exchange
title Study of the Issuing “ISTISNA' Sukuk” in the Stock Market
title_full Study of the Issuing “ISTISNA' Sukuk” in the Stock Market
title_fullStr Study of the Issuing “ISTISNA' Sukuk” in the Stock Market
title_full_unstemmed Study of the Issuing “ISTISNA' Sukuk” in the Stock Market
title_short Study of the Issuing “ISTISNA' Sukuk” in the Stock Market
title_sort study of the issuing istisna sukuk in the stock market
topic istisna' contract
istisna' sukuk
islamic financial instruments
stock exchange
url https://ijer.atu.ac.ir/article_2791_d6daa8ee2363bd08fd71bdb5e963c669.pdf
work_keys_str_mv AT mohamadnaghinazarpoor studyoftheissuingistisnasukukinthestockmarket
AT ayoubkhazaei studyoftheissuingistisnasukukinthestockmarket