APPLICATION OF MORABEHA IN USURY FREE BANKING SYSTEM

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

MOUSAVIAN SEYED ABAS

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: TREND (TREND OF ECONOMIC RESEARCH) Year:2011 | Volume:19 | Issue:59 Page(s): 33-57

Download Full-Text

Persian Verion

View:

1,646

Download:

Cites:

Information Journal Paper

Title

APPLICATION OF MORABEHA IN USURY FREE BANKING SYSTEM

Author(s)

MOUSAVIAN SEYED ABAS | Issue Writer Certificate

Keywords

SALEQ2

RENTQ2

MORABEHAQ2

SALE INSTALLMENTQ3

CREDIT CARDQ3

Abstract

According to Article 98 of the Fifth Development Plane, the MORABEHA Contract has been added to the section designates as methods of allocation of resource in Usury Free Banking Operation Law. Following that, the Council of Ministers approved the regulation of MORABEHA Contract and notified it to the banking system. Subsequently, the Central Bank of Iran by preparing and notifying the executive direction for implementation of MORABEHA Contract, has suggested the issuing of CREDIT CARD based upon the principle of MORABEHA Contract and also issuing the Mizan CREDIT CARD in accordance with the tenet of MORABEHA Contract and consider them as new instruments to be utilized in Usury Free Banking System. Thus, it seems that the appropriate application of these instruments can open new vista for banking industry of this country, and pave the way for more compatibility with the real economic needs of the society. In this paper, we have attempted to survey the legal and jurisprudential foundation of MORABEHA Contract and its regulations and verify the basic differences of this type of Contract with prevailing SALE Installment Contract. We also tried to show its proper application for extension of facilities to various sectors. Moreover, we have examined the special capability and efficacy of MORABEHA Contract to act as a CREDIT CARD for purchasing the required goods and services.

Cites

No record.

References

No record.

Cite

APA: Copy

MOUSAVIAN, SEYED ABAS. (2011). APPLICATION OF MORABEHA IN USURY FREE BANKING SYSTEM. TREND (TREND OF ECONOMIC RESEARCH), 19(59), 33-57. SID. https://sid.ir/paper/202193/en

Vancouver: Copy

MOUSAVIAN SEYED ABAS. APPLICATION OF MORABEHA IN USURY FREE BANKING SYSTEM. TREND (TREND OF ECONOMIC RESEARCH)[Internet]. 2011;19(59):33-57. Available from: https://sid.ir/paper/202193/en

IEEE: Copy

SEYED ABAS MOUSAVIAN, “APPLICATION OF MORABEHA IN USURY FREE BANKING SYSTEM,” TREND (TREND OF ECONOMIC RESEARCH), vol. 19, no. 59, pp. 33–57, 2011, [Online]. Available: https://sid.ir/paper/202193/en

Related Journal Papers