publication . Article . 2011

Bank Securities (Stocks); Changing Banking Facilities into Securities in Non-usurious Banking

Sayyed Abbas Mousavian; Balal Faridi Vosogh; Ali Farhadi;
Open Access Persian
  • Published: 01 Oct 2011 Journal: تحقیقات مالی اسلامی (پیوسته), volume 1, issue 1, pages 117-150 (issn: 2251-8290, eissn: 2588-6584, Copyright policy)
  • Publisher: Imam Sadiq University
Abstract
One of the most common methods of financing to which banks repeatedly resort nowadays is, in addition to planning different kinds of bank deposits, to distribute securities supported by bank facilities. The application of such tools is highly experienced in the current banking. In fact, enjoying such instruments, banks have the intention to renew their resources in their attempt to enhance their power of granting credit facilities. However, such tools are not highly common in Islamic banks, including the ones across Iran. After the law of stock market was ratified in 1384 and 1388, legal grounds necessary to plan and distribute different kinds of new securities ...
Subjects
free text keywords: bank securities, papers of mortgaged interest, renting-for purpose of-possession papers, risk management, lcsh:Islamic law, lcsh:KBP1-4860, lcsh:Finance, lcsh:HG1-9999
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