صکوک، مصداقی از اوراق بهادار دووجهی

نویسندگان

دانشگاه شهید بهشتی

چکیده

اوراق بهادار اسلامی (صکوک) اوراقی هستند که ویژگی‌های سهام و اوراق قرضه را با هم دارند.آنها همانند سهام بیانگر نوعی مشارکت هستند. صکوک برخلاف سهام و مانند اوراق قرضه سررسید دارد، لذا می­توان آن را نوعی ورقه بهادار دووجهی محسوب کرد. دووجهی برای توصیف ورقه بهاداری به کار می‌رود که مشخصه‌­های ورقه قرضه و سهام را با هم داشته باشد؛ سهام ممتاز، ورقه بدهی قابل‌تبدیل و ورقه بدهی تبعی از نمونه‌های این اوراق هستند. ایده­ ایجاد این اوراق، طراحی ورقه­ای بود که برای برخی اهداف سهام تلقی شود و برای برخی دیگر بتوان آن را ورقه بدهی دانست و از این طریق بهترین­های هر دو را در یک ورقه گردآوری کرد. در این مقاله ما به معرفی اوراق بهادار دووجهی پرداخته، وجوه اشتراک صکوک با سهام و اوراق قرضه را بیان می‌کنیم. ما صکوک را مصداقی از اوراق دووجهی معرفی کرده­ایم که می‌تواند در بازار کشورهای غیراسلامی نیز استفاده گسترده‌ای داشته باشد.

کلیدواژه‌ها


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گزارش‌ها
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پرونده
 Halpern v Halpern, 2007.
 Shamil bank of Bahrain EC v Beximco Pharmaceuticals Ltd, 2004.
 The investment dar company KSCC v Blom development bank sal, 2009.
پایگاه‌های اینترنتی
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