Faculty Member of Institute of Humanities & Cultural studies
Abstract
In three – last decades, one of the economic issues of Iran has been "Deduction of money value ". To stand against the unpleasant consequences of deduction of money value, the theory of compensating for the deduction of money value through indexing debts was propounded in Iran, based on Islamic jurisprudential and economic reasons. Subsequently, annexing a note to article ١٠٨٢ of civil law and granting bank interest by calculating rate of consuming goods and services inflation has introduced according to law. Considering analytical and contrastive method, the article, first, evaluates Islamic jurisprudential and economic theory of compensating for deduction of money value, then, practical problems, come out of applying this theory in Iran's economy are disscused here. This research article hypothesized that indexing would not be an appropriate method to compensate for deduction of money value because of practical and theoretical reasons.
Mirjalili, S. H. (2005). Compensating for the Deduction of Money Value; theory and practice. Journal of Economic Essays; an Islamic Approach, 2(4), 35-57.
MLA
Sayyed Hossein Mirjalili. "Compensating for the Deduction of Money Value; theory and practice". Journal of Economic Essays; an Islamic Approach, 2, 4, 2005, 35-57.
HARVARD
Mirjalili, S. H. (2005). 'Compensating for the Deduction of Money Value; theory and practice', Journal of Economic Essays; an Islamic Approach, 2(4), pp. 35-57.
VANCOUVER
Mirjalili, S. H. Compensating for the Deduction of Money Value; theory and practice. Journal of Economic Essays; an Islamic Approach, 2005; 2(4): 35-57.
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