THE PATTERN OF EXCHANGE SYSTEM IN ISLAMIC ECONOMICS (WITH EMPHASIS ON INFORMATION SYMMETRY)

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.

Salehi Zohreh; HEYDARI MOHAMMAD REZA

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

Journal Paper

Paper Information

Journal: EGHTESAD-E ISLAMI Year:2017 | Volume:17 | Issue:65 Page(s): 119-147

Download Full-Text

Persian Verion

View:

1,024

Download:

Cites:

Information Journal Paper

Title

THE PATTERN OF EXCHANGE SYSTEM IN ISLAMIC ECONOMICS (WITH EMPHASIS ON INFORMATION SYMMETRY)

Author(s)

Salehi Zohreh | HEYDARI MOHAMMAD REZA | Issue Writer Certificate

Keywords

ASYMMETRIC INFORMATIONQ2

ADVERSE SELECTIONQ1

MORAL HAZARDQ1

MARKET EFFICIENCYQ2

TRANSPARENCYQ1

EXCHANGE SYSTEMQ1

Abstract

Contracts, exchanges and trade-offs are the necessary and unavoidable part of social life of human. Although from old times, ‎societies have always tried to go legalized to reach security, social peace, public discipline and preparing and maintaining people’s benefits, but as human needs and wants are naturally alike, there have always been struggle to gain more profits and welfare. Islam also has paid attention to this subject. This paper through a descriptive-analytical methodology, studies the effect of jurisprudential (fiqhi) effects of business like banning the hoarding (ihtikar), banning the najsh, banning the deceit (gharar), banning the collusion for overcharging and… on removing the information asymmetry and related misuses and based on this study, presents a pattern of EXCHANGE SYSTEM from the viewpoint of Islam.Studying Islamic resources including Quran, tradition (sunnat), reason (aql) and consensus (ijma), shows that in a society that rules and real criteria of Islam dominates and the culture and behavior of its’ people is based on Islam rules, the society will have a clear space and all the people will have an equal access to information. No one will go toward hiding the information and misusing it on behalf of himself/herself. Lying, deception, breach of promise will have no place in such a society and in opposition, the truth, TRANSPARENCY and loyalty to contracts will substitute; jurisprudential (fiqhi) rules also confirm this subject.

Cites

No record.

References

No record.

Cite

APA: Copy

Salehi, Zohreh, & HEYDARI, MOHAMMAD REZA. (2017). THE PATTERN OF EXCHANGE SYSTEM IN ISLAMIC ECONOMICS (WITH EMPHASIS ON INFORMATION SYMMETRY). EGHTESAD-E ISLAMI, 17(65), 119-147. SID. https://sid.ir/paper/99751/en

Vancouver: Copy

Salehi Zohreh, HEYDARI MOHAMMAD REZA. THE PATTERN OF EXCHANGE SYSTEM IN ISLAMIC ECONOMICS (WITH EMPHASIS ON INFORMATION SYMMETRY). EGHTESAD-E ISLAMI[Internet]. 2017;17(65):119-147. Available from: https://sid.ir/paper/99751/en

IEEE: Copy

Zohreh Salehi, and MOHAMMAD REZA HEYDARI, “THE PATTERN OF EXCHANGE SYSTEM IN ISLAMIC ECONOMICS (WITH EMPHASIS ON INFORMATION SYMMETRY),” EGHTESAD-E ISLAMI, vol. 17, no. 65, pp. 119–147, 2017, [Online]. Available: https://sid.ir/paper/99751/en

Related Journal Papers