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Information Journal Paper

Title

The Juridical and Legal Study of the Alternatives to the Sale of Salaf Oil Securities in Secondary Market

Pages

  90-123

Abstract

 Selling Salaf commodity before maturity is forbidden by Islam, so making a secondary market for these securities is not possible within common procedures. Hence we have to find a new way to make a secondary market for these securities. Some proposed ways are parallel Salaf, assignment through agency and Solh of Salaf commodity, all of which have shortcomings that puts the formation of secondary markets in trouble. Combination of Parallel Salaf and assignment (Havaleh) seems to be the most complete proposal, yet there are still many problems with it. This study attempts to challenge them and another way that is considering securities as Circulating Rights. Circulating rights is a matter that is considered in foreign law systems and is not compatible with Islamic Jurisprudence rules. But we can somewhat accept this rules in our system when combining them with Islamic rules.

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  • Cite

    APA: Copy

    SHIRAVI, ABDOL HOSSEIN, & RAHMANI, HADI. (2020). The Juridical and Legal Study of the Alternatives to the Sale of Salaf Oil Securities in Secondary Market. JOURNAL OF ISLAMIC LAW AND JURISPRUDENCE RESEARCHES, 16(58 ), 90-123. SID. https://sid.ir/paper/375762/en

    Vancouver: Copy

    SHIRAVI ABDOL HOSSEIN, RAHMANI HADI. The Juridical and Legal Study of the Alternatives to the Sale of Salaf Oil Securities in Secondary Market. JOURNAL OF ISLAMIC LAW AND JURISPRUDENCE RESEARCHES[Internet]. 2020;16(58 ):90-123. Available from: https://sid.ir/paper/375762/en

    IEEE: Copy

    ABDOL HOSSEIN SHIRAVI, and HADI RAHMANI, “The Juridical and Legal Study of the Alternatives to the Sale of Salaf Oil Securities in Secondary Market,” JOURNAL OF ISLAMIC LAW AND JURISPRUDENCE RESEARCHES, vol. 16, no. 58 , pp. 90–123, 2020, [Online]. Available: https://sid.ir/paper/375762/en

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