»Islamic Justification« of futures Contracts
نویسنده: A، Salehabad؛
بهار 1380 - شماره 2 ISC (4 صفحه - از 138 تا 141)
"Imam Khomeini as a grand Ayatollah and disting u ished faghih (Islamic science scholar) has a sentence to the effect that f u t u res transaction that is not permissible in the bai framework is permissible in the compromise framework, however, beca u se we define the f u t u res contracts as those that two parties compromise on a f u t u re transaction, seller agrees to deliver the commodity in a f u t u re date to the b u yer and b u yer agrees to pay money to the seller at that time. In most cases, these transactions are closed with settlement of difference in prices, more precisely it is u sed for spec u lation p u rpose, and spec u lation being Islamic J u stification of F u t u res Contracts By: Salehabadi, A; Aram, M Edited by Dr. Feizi Cr u de oil reven u es are cr u cial to Iranian Economic development."
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