A REVIEW OF REASONS FOR COMPENSATION OF DIMINISHING VALUE OF MONEY

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MOUSAI M.

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

Journal Paper

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Journal: Iranian Journal of Trade Studies Year:2005 | Volume:9 | Issue:34 Page(s): 149-178

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Title

A REVIEW OF REASONS FOR COMPENSATION OF DIMINISHING VALUE OF MONEY

Author(s)

MOUSAI M. | Issue Writer Certificate

Keywords

ISLAMIC ECONOMICS / RIBA / MONEY / INFLATION / VALUE OF MONEYQ3

Abstract

One of the challenging subjects in Islamic economics is the-question of whether it is necessary to compensate for the diminishing value of money in economic exchanges including loans. In the present paper I will offer 11 reasons as to why it is necessary to compensate for the diminishing value of money. According to findings of this paper, compensating the diminishing value of money must not be considered as Riba. Accepting such a statement will open the doors for economic exchange and contribute to a fluent economic exchange system. The least result of such a thing will be the distribution of income and wealth. This is why a lack of such a system will endanger the prevalence of the Islamic equity and equality

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APA: Copy

MOUSAI, M.. (2005). A REVIEW OF REASONS FOR COMPENSATION OF DIMINISHING VALUE OF MONEY . IRANIAN JOURNAL OF TRADE STUDIES (IJTS), 9(34), 149-178. SID. https://sid.ir/paper/7341/en

Vancouver: Copy

MOUSAI M.. A REVIEW OF REASONS FOR COMPENSATION OF DIMINISHING VALUE OF MONEY . IRANIAN JOURNAL OF TRADE STUDIES (IJTS)[Internet]. 2005;9(34):149-178. Available from: https://sid.ir/paper/7341/en

IEEE: Copy

M. MOUSAI, “A REVIEW OF REASONS FOR COMPENSATION OF DIMINISHING VALUE OF MONEY ,” IRANIAN JOURNAL OF TRADE STUDIES (IJTS), vol. 9, no. 34, pp. 149–178, 2005, [Online]. Available: https://sid.ir/paper/7341/en

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