considering the nature of banking activities, credit risk plays the biggest role in its profit-making capacity. the nature of credit risk is such that despite the existing innovations in the banking system, the credits granted to the borrowers by the banks still face a rather high risk of not being returned, and this is the predominant reason for the unsuccessful performance of the banks. durin...

interest free banking law at 1363 was implemented in the banking system in iran. one of the main goals of this law was eliminating usury from monetary system, and utilization from non-usury credit impact on economic growth through preferring money contribution in the capital. this paper uses data from years 1363 to 1386 and implementing herfindahl-hirschman index, evaluated and ranked concentra...

option contracts are one of the most important financial instruments which have been recently considered as a vehicle for management of risks and development of capital market. in iran, the importance of option contracts is increasingly recognized in the capital market. in this article the legal aspects of option contracts will be examined. for this purpose the views of islamic jurists and lawy...

In the surrogate mother procreation can be divorced both from sex as well as any anticipation of child rearing. Often the risks of surrogate motherhood are presented in terms of alternative family structures and economic exploitation of women. Such possibilities must invite critical reflection in order for there to be legal reform. Of paramount importance is the child's best interest and until ...

this paper explores people’s behavior when they are facing financial risks. through the setting of an economics experiment, people’s willingness to bear financial risks and their tendency to impose risks on others are investigated. the experiment result shows that most people are risk-neutral or risk-averse when making decision under financial environment, and their tendency to impose risks on ...