دورية أكاديمية
Economic-Juridical Analysis on the legitimacy of Compensation of devaluation in Purchasing Power of Money
| العنوان: | Economic-Juridical Analysis on the legitimacy of Compensation of devaluation in Purchasing Power of Money |
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| المؤلفون: | Mehdi Mohammadi, Ghadir Mahdavi |
| المصدر: | فصلنامه پژوهشهای اقتصادی ایران, Vol 18, Iss 55, Pp 119-139 (2013) |
| بيانات النشر: | Allameh Tabataba'i University Press, 2013. |
| سنة النشر: | 2013 |
| المجموعة: | LCC:Business |
| مصطلحات موضوعية: | fiat money, purchasing power, nominal value of money, justice, Business, HF5001-6182, Capital. Capital investments, HD39-40.7 |
| الوصف: | We assess the definition and functions of money in modern economic thought in order to clarify the problems arising in Islamic Economics regarding lawfulness of compensation of devaluation in purchasing power of money. Our focus is on the fact that money in current economic activities is Fiat and its value is derived from government regulation and the promise of central bank and there is neither direct convertibility nor any intrinsic value for money. We also focus on the principle of justice in Imam Ali (a.s) viewpoint, Quran verses and economic theories to challenge the theory of nominal value of money. This paper concludes that money in current economic systems functions as the means of payment and consequently its devaluation should be compensated for clearance from obligation of lender and settling loans. Our main conclusion is the fact that this compensation is not considered as usury. |
| نوع الوثيقة: | article |
| وصف الملف: | electronic resource |
| اللغة: | Persian |
| تدمد: | 1726-0728 2476-6445 |
| العلاقة: | https://ijer.atu.ac.ir/article_2517_38e25a90d05c286e718abb7fcb20bb64.pdfTest; https://doaj.org/toc/1726-0728Test; https://doaj.org/toc/2476-6445Test |
| الوصول الحر: | https://doaj.org/article/eb2c50732f6441b18a5e704cca6b1d8eTest |
| رقم الانضمام: | edsdoj.b2c50732f6441b18a5e704cca6b1d8e |
| قاعدة البيانات: | Directory of Open Access Journals |
| تدمد: | 17260728 24766445 |
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