The Role of Islamic Treasury Documents in Realizing the Components and Objectives of Resistance Economics Policies

Abstract

Considering the importance of the issues surrounding resistance economics and the essential role of the capital market in fulfilling the objectives of the policies stated therein, it would be necessary to survey the functions of modern Islamic financial instruments in the capital market to be utilized promptly by the government. Treasury documents are one of those instruments and the main question in this article is how they can serve to attain the resistance economics objectives. To answer the question, by adopting the analytical-descriptive method and using library resources, we have verified the hypothesis that Islamic Treasury documents can affect the components of the resistance economics through supporting national production, Iranian labor, entrepreneurship, transparency of government debt, maximum use of the resources and reducing the government's dependence on oil.

Keywords

• macroeconomics
• resistance economics
• islamic treasury bond
• risk
• risk management. jel classification: e63
• g18
• g32
• h63