نوع مقاله : مقاله پژوهشی
نویسندگان
1 نویسنده مسئول؛ دانشجوی دکتری مدیریت مالی، دانشکده معارف اسلامی و مدیریت، دانشگاه امام صادق(ع)، تهران، ایران
2 استادیار گروه مدیریت مالی؛ دانشکده معارف اسلامی و مدیریت، دانشگاه امام صادق(ع)، تهران، ایران
چکیده
کلیدواژه‌ها
عنوان مقاله [English]
نویسندگان [English]
The housing sector is the driving force of economy, where more than 120 industries are directly and indirectly involved. Hence, lack of proper policymaking in the financing of the housing sector, and lack of balance in supporting this sector can lead to a financial crisis, and consequently, to an economic and social crisis. For this reason, financing of the housing sector has always been a main concern of the country's political and administrative institutions and housing companies, especially in the current economic conditions and internal and international credit crunch. Due to the underdevelopment of the capital market in Iran, and the inconvenient interaction between different economic institutions, financial support of housing markets are still traditional and very feeble, generally financed and equipped by state-owned banks, especially by Bank Maskan. Using library analytical-descriptive methods, this study is intended to explain that, in terms of jurisprudence, economics, finance and risks, it is possible to design and publish Vekalat bonds as a new Islamic financial instrument in the Iranian capital market. The results demonstrated that, according to the most important criteria of microeconomics, Vekalat bonds include acquiescence with customer objectives and motives, relevance to the attitudes and tastes of investors, liquidity and efficiency. Furthermore, in terms of the most important macroeconomic criteria, including impact on economic growth and development, distributive justice and the ability to make monetary and financial policies, it can be used as an appropriate financial instrument in the country's capital market to finance the housing sector.
کلیدواژه‌ها [English]
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