Seyed Abbas Mousavian: Difference between revisions
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Abbas Mousavian recognized certain financial instruments as Islamic financial instruments, including certain types of [[qard al-hasan securities]], [[murabaha securities]], and [[lease securities]]. He regarded these securities as appropriate alternatives to [[bonds]] and [[preferred shares]] which are generally based on interest (usury). | Abbas Mousavian recognized certain financial instruments as Islamic financial instruments, including certain types of [[qard al-hasan securities]], [[murabaha securities]], and [[lease securities]]. He regarded these securities as appropriate alternatives to [[bonds]] and [[preferred shares]] which are generally based on interest (usury). | ||
With the aim of making and using Islamic financial instruments, Mousavian maintained that matters such as the conformity of [[securities]] with the standards of the Sharia and Imami jurisprudence, the accounting issues related to securities, the micro- and macroeconomic effects, and the risk involved in trading securities must be considered. He also paid attention to the legitimacy and acceptability of financial instruments at the international and interdenominational levels. | |||
== Introduction == | == Introduction == | ||