The Formation of Tawarruq Security Alternative to Bonds for Fiscal Policy

With regard to the prohibition of Riba in Islam, it is important to find an alternative to bonds that would be effective for financing the government deficit. In this case securities based on loan contract have been introduced that are not a proper substitute for bonds because these securities are f...

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Bibliographic Details
Main Authors: Seyed Mohsen Sajjadi, Mahdi Gholampoor
Format: Article
Language:fas
Published: Iran Banking Institute 2017-11-01
Series:مطالعات مالی و بانکداری اسلامی
Subjects:
Online Access:http://jifb.ibi.ac.ir/article_54995_d2ea15592e98497c80d736c618a48478.pdf