چکیده:
Fluctuations inforeignexchange ratesagainstthe national currecyis one of themain factorscausinguncertaintyanddisordersas a result ofthe currency market.Therefore,countriesusing thefuturesExchange, the priceandsaleswiththemethodthatwill beexchangedin the future, themanagementandcontrol offoreign exchangefluctuationshave. But according to the trading religion against religion based on Shia jurisprudence, is illegitimate, this method can be used to manage exchange rate fluctuations in our country and only if all conditions are met futures contract, take advantage of it exist. On the other hand, high capacity utilization of financial tools, based on possible legal contract management and foreign exchange fluctuations to provide the monetary authorities. So can " Futurechr('39')s Sukuk of Exchange" is one of the financial tools. This article is a descriptive - analytical method and use valid library has tried to prove the hypothesis that "the Futurechr('39')s Sukuk of Exchange A tool in order to adjusting foreign exchange market fluctuations, liquidity control and speculative behavior in the currency market is" and concluded Exchange futures can be concluded that the sukuk to control three major foreign exchange market turmoil, the grammatical fixed exchange rate by the central bank, the volume of liquidity and speculative behavior, be used.
خلاصه ماشینی:
" It concludes that Currency Salam Sukuk can be used to regulate and control the three main factors of foreign exchange market instability: namely, the mandatory fixing of exchange rates by the central bank, high liquidity volume, and speculative behaviors.
Therefore, in order to reduce turmoil in the foreign exchange market and the negative effects resulting from exchange rate fluctuations on related economic sectors, conditions must be provided so that currency Salam transactions, on a large scale and with a multiplicity of transactions, provide the basis for market organization, which the use of financial instruments based on the currency Salam contract can make this task possible to some extent.
The present article, using a descriptive-analytical method and utilizing valid and existing library resources, seeks to prove this hypothesis that "Currency Salam Sukuk is a suitable instrument for regulating fluctuations, controlling liquidity, and speculative behavior in the foreign exchange market.
" The main question of the present article is also as follows: "Given that in the Islamic economic system, due to the illegitimacy of debt-for-debt transactions, can currency Salam Sukuk be used for regulating the foreign exchange market, controlling liquidity, and speculative behaviors?
He states that the issuance of central bank currency Salam Sukuk, alongside the conclusion of a call option contract for the basket of goods subject to Salam from the government, provides the possibility that at times when the policymaker feels it is necessary to reduce the volume of currency in the market, they can use this instrument to collect and absorb currency and manage its fluctuations.