In this study, new methods of financing and their impact on the profitability of companies are investigated in Iran's capital market. New financing methods include rental or leasing Sukuk issuance which can be considered as a suitable alternative for financing companies. Sukuk is an Islamic debt instrument that is backed by real assets to be released. In this study, financial information of 24 companies listed on Tehran stock exchange, which have attempted to issue Sukuk until the date of preparation of this study, has been studied using the econometric software EViews during the period 2007-2014. Research model employs the OLS regression approach and panel data estimates. Research results suggest that if companies use Ijarah Sukuk, the profit process in these companies is improved and profitability rises by increasing the use of islamic leasing bonds, but Murabaha Islamic bonds do not impact on profitability.
Bekhradi Nasab,V and Zholanezhad,F . (2017). The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market. Quarterly Studies in Banking Management and Islamic Banking, 3(5), 135-168.
MLA
Bekhradi Nasab,V , and Zholanezhad,F . "The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market", Quarterly Studies in Banking Management and Islamic Banking, 3, 5, 2017, 135-168.
HARVARD
Bekhradi Nasab V, Zholanezhad F. (2017). 'The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market', Quarterly Studies in Banking Management and Islamic Banking, 3(5), pp. 135-168.
CHICAGO
V Bekhradi Nasab and F Zholanezhad, "The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market," Quarterly Studies in Banking Management and Islamic Banking, 3 5 (2017): 135-168,
VANCOUVER
Bekhradi Nasab V, Zholanezhad F. The Investigating Relationship Islamic Securities Financing and Profitability in the Iranian Capital Market. Quarterly Studies in Banking Management and Islamic Banking. 2017;3(5):135-168 (In Persian).