Identifying and evaluating the challenges of a saving account, based on Qard al Hasanah contract, and providing corrective solutions

Document Type : Original Article

Authors

• Hosein Hasanzadeh ¹
• meysam karimi ¹
• Mohammad Hossein ghavam ²
• Mohammad Ghezelbash ³

¹ Assistant Professor, Department of Finance, Faculty of Islamic Sciences and Management, Imam Sadiq University, Tehran, Iran.

² Assistant Professor, Department of Finance, Faculty of Islamic Sciences and Management, Imam Sadiq University, Tehran, Iran

³ MA student of Islamic Sciences and financial management, Faculty of Islamic Sciences and Management, Imam Sadiq University, Tehran, Iran

Abstract

Keywords

• The Savings Bank deposit account is one of the monetary instruments and initiatives of the monetary law in the design of which the economic
• cultural and religious purposes of the money market legislator and policy maker have been considered. Of course
• what was desirable to the monetary supervisor and the people regarding the operation of this deposit is not fully realized. This study seeks to examine the multilateral challenges posed by savings deposits. In the first step
• by selecting and reviewing library resources
• the challenges posed by researchers in this field in recent years are coded and categorized into five categories: legal
• regulatory
• cultural
• operational
• economic and religious. In the next step
• in order to complete the components influencing the research
• the experts of this field were identified and their views on the importance of the challenges in this account were received and discussed in the focal group along with the findings of the Hybrid Method
• followed by the selected collection and collection challenges. With experts
• a Likert spectrum questionnaire was designed to assess the importance of each of them from the perspective of experts. Finally
• the 11 indicators questioned in the Expert Questionnaire were validated using the partial least squares (PLS) method and the relationships between them were examined and the validity of each of the challenges of the savings deposit