JOURNAL OF ISLAMIC ECONOMIC STUDIES
Year:2015 | Volume:7 | Issue:2 (14) |Papers Count:6

Cheating policy on monetary economics is performing surprised inflation, (inflation more than expected inflatin). Barro and Gordon (1983), as the pioneers of cheating policy on monetary economics, in a framework of loss function by using a game reputational model, show that among discretion, rule and cheating policy, cheating is best policy. After that, many studies have done on the legalization of cheating policy. In this paper, by descriptive analysis, we survey the foundation of Barro and Gordon’s model (1983). According to holy Quran and hadith, we show that, instrumental rationality is not acceptable for policy making. As the relationship between governments and people is based on principles of velatat and justice, therefore, cheating policy is forbidden in sharieh of Islam. We then, present an expectation mechanism based on in sharieh of islam and show by this mechanism, both monetary discretion and rule policies would lead more social benefit that the Barro and Gordon’s model (1983). Also, we show that, relaxing enterprises. condition of cheating policy depends on the social expectations of justice, by economic

Religious economics, with different principles and objectives than mainstream economics studies human behavior in society. Attach the scientific feature to Islamic Economics, necessitate the empirical experiment for it. This study investigates the difficulty and problems of studying religion and economics in macro level and represents solutions and the advantages of micro level study of religion-economics and also offers methodological requirements of this as interdisciplinary filed of study. Behavioral economics experiments based on the cognitive principles and methods of psychology, known as a suitable tool for such investigations. They have provided excellent research framework that can be used to study religious economy in a multidisciplinary space with effective control over confounding variables. In this study the principles of economic experiment for "religiousity and economic behavior" studies is introduced. Then the boundaries of prosocial behavior empirical research areas are presented. Through meta-analysis of some of the previous studies, some of the most important relationships between religion and economic variables are examined.

Zakah is one of the most important sources of revenue for the Islamic government. Since Zakah helps to balance of income and wealth in the Islamic society and it has an important role in providing subsistent level of life for poor families, it is very important in Islamic societies. In this article we are going to estimate the potential revenue of Zakah in Iran for 1380-1389. Then we compare the result with the amount of Zakah which has been paid actually in these years. The comparison shows that the ratio of potential Zakah to actual Zakah has been increased from 1.3 percent in 1380 to 29.3 percent in 1389 but the amount of actual Zakah which has been paid is very low.

One of the issues with an important but vague place in jurisprudence is the matter of "Shaan" (status). For many reasons, among them the conceptual propinquity with custom and customary issues, it has been neglected. ‘Shaan’, regarding its widespread usage in juridical issues particularly in Khoms, Nafaqe, Zakat, Hajj and Doyon, can be one of the most significant and determinant factors in inferring the Muslim (Islamic) pattern of consumption. The main question of this paper is that which are relations between theory of "Shaan" theory of conspicuous consumption, the first menthioned by John Rae and theorised by Veblen. The methodology of this paper is based on librariyal studies and with Descriptive analytical approach. Research findings show that despite that conspicuous consumption has positives such as acceleration of economic growth and explanation of social status but has adverse effects on economic, social and psychological, which causes excessive consumerism in Western societies. But the consumption in accordance with Shaan in Islamic economics has not only the positives of conspicuous consumption but also has more positive points such as reducing the class gap and no weaknesses and the potential harmful effects of this. So it is the optimal pattern of consumption of a Muslim.

Background: Ethics in economics means an interpretation of economics and economic issues that concerns moral dimension for realistic explanation of economic behaviors.Method: Focusing on the case study of citrus producers, we, analyze benefit reduction of producers when they act immorally and use a descriptive and certain quantitative method, in this approach.Results: The immoral action by producers leads to reduction of their benefits in long-run. Economic insight with regard to long-run benefit, will bind producers to act morally, whether there is a moral prescription or not.Conclusion: Acting moral will benefit to producers. Benefit-base insight (Utilitarian ethics) in economic agents is the best way for considering ethics in economics and benefit increasing. References

Loan Securitization technique is among the solutions for credit risk elimination and liquidity risk reduction in conventional banking system framework. Many banks use this technique to enhance their lending and quality. Economic firms and corporations have considerable share in these funding in the form of the Islamic contracts. Setting up a portfolio in the from a firm’s current debts or securitization of a firm’s liabilities with convertibility option to stocks, along with other securitization methods, is a suitable solution to revive banking resources. On the other hand, convertibility option to stocks helps companies settle their debts to their creditors.In this research, firstly the concepts of securitization and sukuk with a descriptive-analytic and attributive method, is described, then an operational model for convertible banking sukuk along with juridical dimensions is proposed. The paper continues by providing five financial functions of the proposed security.