1
Assistant professor in Economic, Mofid University
2
MA in Economic, Mofid university
Abstract
Along with other transitional developments Iranian capital market is also expected to expand and diversify in the course of country’s 20 year perspective development plan. Securities and exchange council has recently authorized several financial instruments in order to meet the needs of the market for financing various economic projects. One of these instruments is the “ISTISNA' Sukuk”. This paper introduces this new financial instruments and gives a clear description of it, and its various forms such as “debt purchase Sukuk”, “lease to own Sukuk”, and “mortgage based Sukuk”. Finally various features of the proposed sukuk are compared and analysed.
Nazarpoor,M N and Khazaei,A . (2012). Study of the Issuing “ISTISNA' Sukuk” in the Stock Market. Iranian Journal of Economic Research, 17(52), 183-209.
MLA
Nazarpoor,M N , and Khazaei,A . "Study of the Issuing “ISTISNA' Sukuk” in the Stock Market", Iranian Journal of Economic Research, 17, 52, 2012, 183-209.
HARVARD
Nazarpoor M N, Khazaei A. (2012). 'Study of the Issuing “ISTISNA' Sukuk” in the Stock Market', Iranian Journal of Economic Research, 17(52), pp. 183-209.
CHICAGO
M N Nazarpoor and A Khazaei, "Study of the Issuing “ISTISNA' Sukuk” in the Stock Market," Iranian Journal of Economic Research, 17 52 (2012): 183-209,
VANCOUVER
Nazarpoor M N, Khazaei A. Study of the Issuing “ISTISNA' Sukuk” in the Stock Market. Iranian Journal of Economic Research. 2012;17(52):183-209 (In Persian).
