ASYMMETRIC INFORMATION AND ITS PLACE IN ISLAMIC ECONOMIC

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.

SADEGHI SAGHDEL HOSSIN; KHANZADEH YAVAR

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

Journal Paper

Paper Information

Journal: JOURNAL OF ISLAMIC ECONOMIC STUDIES Year:2016 | Volume:8 | Issue:2 (16) Page(s): 199-226

Download Full-Text

Persian Verion

View:

926

Download:

Cites:

Information Journal Paper

Title

ASYMMETRIC INFORMATION AND ITS PLACE IN ISLAMIC ECONOMIC

Author(s)

SADEGHI SAGHDEL HOSSIN | KHANZADEH YAVAR | Issue Writer Certificate

Keywords

ASYMETRIC INFORMATIONQ2

MORAL HAZARDQ1

ADVERSE SELECTIONQ1

TRANSPARENCYQ1

ETHICS AND BUSINESS PRACTICESQ1

Abstract

Transparency and asymmetric information is one of the basic assumptions of competitive market, but in the real world person's information are not symmetrical and equal and phenomenon of asymmetrical information is evident. However, sometimes asymmetric information is as natural and artificial forms and the parties earn maximum profit by misusing additional information with respect to the other party.In this article, phenomenon of asymmetric information and ways to prevent it is investigated by using content analysis method and also by referring to the Koran verses and Islamic jurisprudence by using the knowledge of Islamic economics. The results show that according to the Koran verses and jurisprudential rules asymmetric information is a subject which not only in muslim communities but also in non- Muslim communities is visible. But in Muslim societies due to the terms of trade in the contracts, abuse of this this phenomenon is relatively less. These terms including considering the Terms of the parties, contract issue, properly condition, as well as compliance with the religious, Isalamic moral governance, Guidance and supervision of government, remember of Allah and the fear of the resurrection day, concentrating on ethics in the market, authorizing the termination to swindle person, considering some jurisprudential rules (Prohibit from trading Gharar and pride and …). Islamic governing should more careful monitor the validity of the contract to prevent this phenomenon and abuse of it.

Cites

No record.

References

No record.

Cite

APA: Copy

SADEGHI SAGHDEL, HOSSIN, & KHANZADEH, YAVAR. (2016). ASYMMETRIC INFORMATION AND ITS PLACE IN ISLAMIC ECONOMIC. JOURNAL OF ISLAMIC ECONOMIC STUDIES, 8(2 (16) ), 199-226. SID. https://sid.ir/paper/220802/en

Vancouver: Copy

SADEGHI SAGHDEL HOSSIN, KHANZADEH YAVAR. ASYMMETRIC INFORMATION AND ITS PLACE IN ISLAMIC ECONOMIC. JOURNAL OF ISLAMIC ECONOMIC STUDIES[Internet]. 2016;8(2 (16) ):199-226. Available from: https://sid.ir/paper/220802/en

IEEE: Copy

HOSSIN SADEGHI SAGHDEL, and YAVAR KHANZADEH, “ASYMMETRIC INFORMATION AND ITS PLACE IN ISLAMIC ECONOMIC,” JOURNAL OF ISLAMIC ECONOMIC STUDIES, vol. 8, no. 2 (16) , pp. 199–226, 2016, [Online]. Available: https://sid.ir/paper/220802/en

Related Journal Papers