COMPENSATING FOR THE DEDUCTION OF MONEY VALUE; THEORY AND PRACTICE

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MIRJALILI S.H.

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Journal: Journal of Iran's Economic Essays; an Islamic approach Year:2006 | Volume:2 | Issue:4 Page(s): 31-54

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Title

COMPENSATING FOR THE DEDUCTION OF MONEY VALUE; THEORY AND PRACTICE

Author(s)

MIRJALILI S.H. | Issue Writer Certificate

Keywords

MONEYQ2

DEDUCTION OF MONEY VALUEQ2

COMPENSATIONQ4

INDEXINGQ4

INFLATIONQ4

Abstract

In three - last decades, one of the economic issues of Iran has been "Deduction of MONEY value". To stand against the unpleasant consequences of deduction of MONEY value, the theory of compensating for the deduction of MONEY value through INDEXING debts was propounded in Iran, based on Islamic jurisprudential and economic reasons. Subsequently, annexing a note to article 1082 of civil law and granting bank interest by calculating rate of consuming goods and services INFLATION has introduced according to law. Considering analytical and contrastive method, the article, first, evaluates Islamic jurisprudential and economic theory of compensating for deduction of MONEY value, then, practical problems, come out of applying this theory in Iran's economy are discussed here. This research article hypothesized that INDEXING would not be an appropriate method to compensate for deduction of MONEY value because of practical and theoretical reasons.

Cites

MONETARY STUDIES AND ITS POSITION IN THE JURISPRUDENTIAL RULES FOR "CURRENCY DEPRECIATION"

References

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APA: Copy

MIRJALILI, S.H.. (2006). COMPENSATING FOR THE DEDUCTION OF MONEY VALUE; THEORY AND PRACTICE. JOURNAL OF ECONOMIC ESSAYS, 2(4), 31-54. SID. https://sid.ir/paper/108894/en

Vancouver: Copy

MIRJALILI S.H.. COMPENSATING FOR THE DEDUCTION OF MONEY VALUE; THEORY AND PRACTICE. JOURNAL OF ECONOMIC ESSAYS[Internet]. 2006;2(4):31-54. Available from: https://sid.ir/paper/108894/en

IEEE: Copy

S.H. MIRJALILI, “COMPENSATING FOR THE DEDUCTION OF MONEY VALUE; THEORY AND PRACTICE,” JOURNAL OF ECONOMIC ESSAYS, vol. 2, no. 4, pp. 31–54, 2006, [Online]. Available: https://sid.ir/paper/108894/en

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