"Islamic Finance Researches" (IFR)

The Role of Islamic Treasury Documents in Realizing the Components and Objectives of Resistance Economics Policies

Document Type : Science - Research (Islamic Finance Jurisprudence)

Authors

1 M.A. in Economics, University of Tehran, Tehran, Iran

2 Associate Professor at Sistan and Baluchestan University, Sistan and Baluchestan, Iran.

3 Associate Professor at Allameh Tabatabai University, Tehran, Iran.

Abstract

Considering the importance of the issues surrounding resistance economics and the essential role of the capital market in fulfilling the objectives of the policies stated therein, it would be necessary to survey the functions of modern Islamic financial instruments in the capital market to be utilized promptly by the government. Treasury documents are one of those instruments and the main question in this article is how they can serve to attain the resistance economics objectives. To answer the question, by adopting the analytical-descriptive method and using library resources, we have verified the hypothesis that Islamic Treasury documents can affect the components of the resistance economics through supporting national production, Iranian labor, entrepreneurship, transparency of government debt, maximum use of the resources and reducing the government's dependence on oil.

Keywords

Arabi, H. (2016). Resistance Economics in Expressing Supreme Leader, The Macro Policies, 2(6), 9-27. (In Persian)
Farahani, S. (2003). Economic Policy in Islam, Tehran; Research Center for Islamic Culture and Thought. (In Persian)
Fayazi, M., & Nazarpour, M., (2016), The use of the Islamic Treasury Bills to Finance the Acquisition of Nonfinancial Assets of Government, Islamic Economic and Banking,10(13), 83-108. (In Persian)
Feshari, M., & Pourghafar, J. (2014). Investigation of Resistance Economics Pattern in Iranian Economy, Economic Quarterly, 2 (5&6), 29-40. (In Persian)
Ghiasvand, A., & Abdolshah, F. (2015). The Concept and Measurement of Economic Resilience, Journal of Economic Research, 15(59), 79-106. (In Persian)
Khademolhoseini Ardakani, M., & Mousavian, S, A., (2012). Islamic Economics, 12(45), 107-130. (In Persian)
Lajevardi, H., Aboonouri, E., & Besharati, Z. (2019). An Estimating On Economic Resilience Index IN Iran and Indicating the Solutions of Development, Tehran; The first Conference On Urban Economy with Emphasize on Resistance Economics , Monetary and Banking Research Institute. (In Persian)
Moghadasi, M. H. (1995). Monetary Policy Choosing; The Substitional Instrument, Ministry of Economic Affairs and Finance. (In Persian)
Mombeini, Y. (2013). Elements and Index of Resistance Economics, Gilan; National Conference on Resistance Economics. (In Persian)
Mousavikhomeini, S. R. (2014). Esteftaat, Qom; Institute for Organizing and Publishing Imam Khomeini's Works. (In Persian)
Mousavian, A., & Elahi, M. (2010). Jurisprudential Feasibility of Forming an Interbank Market in Islamic Banking, Islamic Economics, 10(38), 89-118. (In Persian)
Mousavian, A., Nazarpour, M., & Khazai, A., (2010). Juridical Feasibility of Designing Islamic Treasury Bills in Islamic Financial Markets. Islamic Economics, 10(40), 87-116. (In Persian)
Nazarpour, M, N; & LotfiNia, Y., (2010). The Role of the Stock Exchange in the Implementation of Resistance Economy Policies, the Imam Khomeini Education and Research Institute, 6(11), 49-70. (In Persian)
Qazavi, H., Bazmohammadi, H. (2014). Open Market Operation in Banking Frame without Reba; Islamic Treasury Bills Case Study, Monetary and Banking Research Institute. (In Persian)
Shaabani, A., & Nakhli, R. (2016). Components of Resistance Economics in Popular Literature and in Expressing Supreme Leader, Afaq Amniat, 7(25), 55-88. (In Persian)
Salmani, Y., Yavari, K., Sahabi, B., & Asgharpour, H. (2016). The Short-Run and Long-Run Effects of Government Debt on Economic Growth in Iran. Journal of Applied Economics Studies in Iran, 5(18), 81-107. (In Persian)
Tari, Fathollah, & Kaviani, Zahra (2013). Resistance Economics and its Components.The macro policies, Resistance Economics, 2 (6), 27-49. (In Persian)
Vahidkhorasani, H. (2010). Toziholmasael, Publications of Bagher Al-Alum School. (In Persian)
Zakernia, E., & Habibollahi, M. (2016). Price Modeling of Islamic Treasury Bills Based on Securitization. Journal of Investment Knowledge, 5(18), 51-65. (In Persian)
Volume 9, Issue 1 - Serial Number 17
November 2019
Pages 267-294
  • Receive Date: 01 October 2018
  • Revise Date: 26 February 2019
  • Accept Date: 06 April 2019