Formation of Islamic & Capitalistic Types of Economic Regimes
Reza
Najarzadeh
Assistant Professor of Economics, Department of Economics, Tarbiat Modares University, Tehran,
Iran
author
Mahdieh
Rezagholizadeh
Graduate Student, Department of Economics, Tarbiat Modares University, Tehran, Iran
author
Mehdi
Zivdari
Graduate Student, Department of Economics, Tarbiat Modares University, Tehran, Iran
author
text
article
2009
per
Man's behavior has always been influenced by his moral beliefs. Generallyspeaking, a person's mind set or mentality is affected and also affects hissurroundings. Assuming that we can separate the three phenomenon of religion,moral values and environment, we can presume a triangle based on which a person'scomplete behavior and attitudes are attributed to. The impact of religion and moralvalues on man's behavior is so profound that it can produce a whole new economicattitude in a society. A materialistic mind set tends to create a capitalistic economicsystem while an Islamic mentality seeks to create an economic system based onIslamic values. In other words, the way we view government, price system,distribution of production factors, monetary and fiscal tools and others, are allaffected by the basic premises of an economic system. Therefore, considering suchimpacts, it is important to study the various effects of Islamic values and capitalism in forming economic regimes, social institutions and various economic and businesstools.In this paper, we review the difference between the values based on religious beliefsand those based on a capitalistic system, and explain the formation of differenteconomic regimes based on their values. Based on our research, a solely-profitseekingmentality directs people to a capitalistic economic system while a mentalitybased on religious virtues directs them to an economic regime based on moralvalues.
Journal of Iran's Economic Essays (JIEE)
Research Institute of Hawzah and University; "Hawzah wa Dāneshgāh Research Institute"
1735-3300
5
v.
10
no.
2009
7
37
https://iee.rihu.ac.ir/article_280_6a9998bc153ec9b5e638414e30657b02.pdf
An Analysis of Social Changes in the View of North, Williamson, Greif, Laclau and Mouffe
Mahmood
Motawasili
Professor at University of Tehran Economic Department
author
Seyyed Mohammad Ali
Husaynizadeh
Assistant Professor at Universty of Moufid Political Department
author
Ali
Niku Nisbati
Master Degree of Economic
author
text
article
2009
per
In recent years economists have, for many reasons, paid special attention to socialchange (value and institution) in order to understand the cause of economic changes.Institutionalism and Discourse theory are important paradigms in analysis of socialchanges. This article reviews Institutionalism from the view's point of North,Williamson and Greif and considers discourse theory the view of Laclau andMouffe. The findings of this study show that both paradigms have some defects andboth paradigms have similar explanation of social changes although they usedifferent expressions.
Journal of Iran's Economic Essays (JIEE)
Research Institute of Hawzah and University; "Hawzah wa Dāneshgāh Research Institute"
1735-3300
5
v.
10
no.
2009
39
67
https://iee.rihu.ac.ir/article_281_9860aeadf0d32395e239e83594240b07.pdf
A Modeling of Waqf Development Financing by Issuing Manfa'ah Securities
Gholamreza
Mesbahi Moghaddam
Assistant Professor, Faculty of Theology, Imam Sadiq University
author
Mojtaba
Kavand
M.A Student, Faculty of Management, Imam Sadiq University
author
Hamidreza
Esmaely Givi
M.A Student, Faculty of Management, Imam Sadiq University
author
text
article
2009
per
There is a great wealth Waqf in Iran but it has not been developed. This was thereason for the inefficiency potential of Waqf to achieve welfare improvement. Sucha situation is result of the need of awqaf and welfare organization for financialresources. The awqaf and welfare organization needs money to develop Waqf.Applying modern finance methods are the appropriate way for developing Waqfaccording to the time and place condition. One of the methods of financing is theparticipation of investors in issuing securities.In this article, after studying the methods and resources of modern and traditionalfinance in Waqf development, we touch on the necessity of using Islamic securitiesas a modern method of finance and then on the model of issuing securities as amodern method of financing for achieving Waqf development.
Journal of Iran's Economic Essays (JIEE)
Research Institute of Hawzah and University; "Hawzah wa Dāneshgāh Research Institute"
1735-3300
5
v.
10
no.
2009
69
92
https://iee.rihu.ac.ir/article_282_c5f16c47ec86a47a45b41b20038a7c4d.pdf
Narrow Banking
Parviz
Dawoodi
Professor of Shahid Beheshti University
author
Muhammad Jawad
Muhaqiq
Educator of Economic Research
author
text
article
2009
per
Stability is a basic requirement for the proper functioning of the banking system andthe key to its accomplishing growth and development. Repeated failures of bankslead some economists to believe that banking and financial system suffer fromstructural problems and is in need of fundamental reform.It is necessary to examine demand and investment deposits as two distinct contracts.Demand deposits are merely loans that are fully guaranteed by banks and must bereturned on demand. Investment deposits are given to banks on a profit-and-losssharing basis. That is why some economists insist on the total separation betweendemand and investment deposits through subjecting the former to 100 percentrequired reserves. Compared to conventional finance, this sounds like narrowbanking.Narrow banking would improve the competitiveness of banks and makes them tendto be more market responsive .This article examines this kind of need for further banking reform and takes a closerlook at one alternative "narrow banking". The article discusses the need forfundamental banking reform and provides an overview of narrow banking. Finallythe author evaluates this new system.٭
Journal of Iran's Economic Essays (JIEE)
Research Institute of Hawzah and University; "Hawzah wa Dāneshgāh Research Institute"
1735-3300
5
v.
10
no.
2009
93
113
https://iee.rihu.ac.ir/article_283_5ea89b3587161e459a804cbc347bbf6c.pdf
Investigating the Efficiency of Islamic Banks in Different Countries (DEA Approach)
Saeed
Ebrahimi
Faculty Member of Sheikh Bahaee University
author
Rassool
Bidram
Ph.D of University of Isfahan
author
Mostafa
Emadzadeh
Full Professor of University of Isfahan
author
text
article
2009
per
One of the most important problems in economic literature is the question ofevaluating different parts of an organization and determining the indexes for thiswork. Therefore, we need some suitable indexes. In this context there are differentmethods, but DEA method (Data Envelopment Analysis) is a very effective anddynamic index for measuring efficiency and productivity. In this method we selectone or more firms (banks) from among the efficient firms and compare them witheach other and calculate the input or output slacks of each inefficient firm.In this paper according to DEA method we have measured the efficiency of 40Islamic banks in different countries with the assumption of variable return to scale(VRS) and constant return to scale (CRS). The results indicate that with CRSassumption, Qatar international Islamic bank, Sudan state bank, Pakistan kheibarbank, Bahrain albaraka bank, Bahrain Islamic ABC bank, Yamane Islamic bank,turkish albarakat Islamic bank proved efficient banks and with VRS assumptionQatar Islamic bank, Albany Islamic Arabic bank, Pakistan habib bank, Senegal Islamic bank, Qazaqestan state bank, Egypt SAE bank, Sudan state bank, AboozabiIslamic bank, Pakistan kheibar bank, Bahrain Albaraka Islamic bank, BahrainIslamic ABC bank, Keshavrzi bank, Maskan bank, Melli bank, Refah bank, Saderatbank, Yamane Islamic bank and Turkish albarakat bank proved efficient.
Journal of Iran's Economic Essays (JIEE)
Research Institute of Hawzah and University; "Hawzah wa Dāneshgāh Research Institute"
1735-3300
5
v.
10
no.
2009
115
136
https://iee.rihu.ac.ir/article_284_6876c6b359023428a2b21df881fce485.pdf
Studying the Effective Factors on Investing in Common Share in Stock Exchange (Case Study: Isfahan Regional Stock Exchange)
Mehdi
Abzari
Associate Professor of Management Department, University of Isfahan
author
Saeed
Samadi
Assistance Professor of Economics Department, University of Isfahan
author
Hadi
Teimouri
Ph.D Student of Management Department, University of Isfahan
author
text
article
2009
per
The capitalization’s importance to the economic growth and development is so that,it’s called as one of the powerful levels for achieving to the development. Butshould be remembered that, as noting to this matter by falling in a positive cycle,can cause the economic growth, the lack at noting to it also many Cause theeconomic falling and go down to a down ward movement and negative cycle.Therefore it should be stated that economic growth and increasing the publicconvenience during a long term without noting to capitalization and existingimportant factors in capitalizations.Environment is impossible. on one side, the precise study of the capitalization’sanalysis and important factors in the activities environment of the capitalizes maylead to decreasing the bulk of wandering cash, inflation and in creasing theoccupation, and on the other side, may cause the better management and in creasingof the capitalizor’s wealth. The major aim of the research is to study the effective factors on investing inCommon Share in stock exchange.The mentioned aim is studied by two variables, variables about investors traits (riskperception, risk propensity and capital allocation) and traits about capital market (theexpected rate of return and the data of the previous activities) as the questions of theresearch.In present research in order to collect the information related to the subject’sliterature, library method like books and magazines was used; and in order to collectthe data to analyze and test the hypotheses research, questionnaire was used.In this research for analyzing and test research questions descriptive and inferentialstatistical methods (Kolmogorof- Smironof test and two sample t test) was used.The results of the research indicate that the investigation risk perception effect onthe risk propensity, the expected rate of return, capital allocation and the data of theprevious activities effect on the risk propensity and the expected rate of return.
Journal of Iran's Economic Essays (JIEE)
Research Institute of Hawzah and University; "Hawzah wa Dāneshgāh Research Institute"
1735-3300
5
v.
10
no.
2009
137
162
https://iee.rihu.ac.ir/article_285_c4654a7a3fdcdb6bed1f9da4c63bd904.pdf
Designing a Model to for Selection of Effective Variables of Forecasting Future Dividend of the Firms Member Tehran Stock Exchange
Payam
Makvandi
Faculty Member of I. A. U. Karaj Branch
author
Javad
Jasbi
Associated Professor of I. A. U. Science and Reseach Branch Department
author
Hasam
Alavi
Faculty member of I. A. U. South Tehran Branch
author
text
article
2009
per
Decision making is on the most important roles of a manager. Meanwhile, selection ofeffective input variables on decision making or forecasting problems, is one of the mostimportant dilemmas in forecasting and decision making field. Due to research andproblem constraints, we can not use all of known variables for forecasting or decisionmaking in real world applications. Thus, in decision making problems or systemsimulations, we are trying to select important and effective variables as good data.In this paper we proposed a hybrid model of Genetic Algorithm (GA) and Artificial NeuralNetwork (ANN) to determine and select effective variables on forecasting and decisionmaking process. In this model, genetic algorithm has been used to code the combination ofeffective variables and neural network as a fitness function of genetic algorithm. Theintroduced model is applied in a case study to determine effective variables on forecastingfuture dividend of the firms that are members of Tehran stock exchange.
Journal of Iran's Economic Essays (JIEE)
Research Institute of Hawzah and University; "Hawzah wa Dāneshgāh Research Institute"
1735-3300
5
v.
10
no.
2009
163
201
https://iee.rihu.ac.ir/article_286_8ac34147450add75de8cd76e0e9498c5.pdf