A Solution for Implementing Partnership Contracts on the Blockchain Platform Using the Decentralized Finance (DeFi) and the IDO Method
Examining the challenges of usury-free banking is one of the most important issues that the country is facing. One of the main challenges of the country's banking system is the implementation of partnership contracts. Due to the conflict between the characteristics of partnership contracts and...
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| Format: | Article |
| Language: | fas |
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Imam Sadiq University
2023-08-01
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| Series: | تحقیقات مالی اسلامی (پیوسته) |
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| Online Access: | https://ifr.isu.ac.ir/article_76742_ac385c0b34f8f55bf65a66233bea7915.pdf |
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| _version_ | 1832585216641728512 |
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| author | Mohammad Yaghoubi Vahid Seyfi |
| author_facet | Mohammad Yaghoubi Vahid Seyfi |
| author_sort | Mohammad Yaghoubi |
| collection | DOAJ |
| description | Examining the challenges of usury-free banking is one of the most important issues that the country is facing. One of the main challenges of the country's banking system is the implementation of partnership contracts. Due to the conflict between the characteristics of partnership contracts and the nature of the bank, the correct implementation of these contracts in the banking system is difficult. Also, considering that the correct implementation of partnership contracts in the Islamic financial system can have many positive effects, there is a need to provide a suitable and alternative solution for their correct implementation. In this research, while stating the theoretical foundations and challenges of the banking system in the implementation of partnership contracts, we will present a suitable and alternative operating model on the blockchain platform using the Decentralized Finance (DeFi) and the Initial Decentralized Exchange Offering (IDO) for the implementation of partnership contracts. . The proposed model is consistent with the most important features of partnership contracts, such as variable profit, participation , profit and loss sharing, and continuous monitoring of the good implementation of the project. |
| format | Article |
| id | doaj-art-4b6b3344722444f2b8e41e424ffc1766 |
| institution | Kabale University |
| issn | 2251-8290 2588-6584 |
| language | fas |
| publishDate | 2023-08-01 |
| publisher | Imam Sadiq University |
| record_format | Article |
| series | تحقیقات مالی اسلامی (پیوسته) |
| spelling | doaj-art-4b6b3344722444f2b8e41e424ffc17662025-01-26T16:05:34ZfasImam Sadiq Universityتحقیقات مالی اسلامی (پیوسته)2251-82902588-65842023-08-0112347351410.30497/ifr.2023.244290.183776742A Solution for Implementing Partnership Contracts on the Blockchain Platform Using the Decentralized Finance (DeFi) and the IDO MethodMohammad Yaghoubi0Vahid Seyfi1PhD Student, Financial Economics, Faculty of Islamic Studies and Economics, Imam Sadiq University, Tehran, IranPhD student, Financial Economics, Faculty of Islamic Studies and Economics, Imam Sadiq University, Tehran, IranExamining the challenges of usury-free banking is one of the most important issues that the country is facing. One of the main challenges of the country's banking system is the implementation of partnership contracts. Due to the conflict between the characteristics of partnership contracts and the nature of the bank, the correct implementation of these contracts in the banking system is difficult. Also, considering that the correct implementation of partnership contracts in the Islamic financial system can have many positive effects, there is a need to provide a suitable and alternative solution for their correct implementation. In this research, while stating the theoretical foundations and challenges of the banking system in the implementation of partnership contracts, we will present a suitable and alternative operating model on the blockchain platform using the Decentralized Finance (DeFi) and the Initial Decentralized Exchange Offering (IDO) for the implementation of partnership contracts. . The proposed model is consistent with the most important features of partnership contracts, such as variable profit, participation , profit and loss sharing, and continuous monitoring of the good implementation of the project.https://ifr.isu.ac.ir/article_76742_ac385c0b34f8f55bf65a66233bea7915.pdfpartnership contractsdefiblockchainidoislamic banking |
| spellingShingle | Mohammad Yaghoubi Vahid Seyfi A Solution for Implementing Partnership Contracts on the Blockchain Platform Using the Decentralized Finance (DeFi) and the IDO Method تحقیقات مالی اسلامی (پیوسته) partnership contracts defi blockchain ido islamic banking |
| title | A Solution for Implementing Partnership Contracts on the Blockchain Platform Using the Decentralized Finance (DeFi) and the IDO Method |
| title_full | A Solution for Implementing Partnership Contracts on the Blockchain Platform Using the Decentralized Finance (DeFi) and the IDO Method |
| title_fullStr | A Solution for Implementing Partnership Contracts on the Blockchain Platform Using the Decentralized Finance (DeFi) and the IDO Method |
| title_full_unstemmed | A Solution for Implementing Partnership Contracts on the Blockchain Platform Using the Decentralized Finance (DeFi) and the IDO Method |
| title_short | A Solution for Implementing Partnership Contracts on the Blockchain Platform Using the Decentralized Finance (DeFi) and the IDO Method |
| title_sort | solution for implementing partnership contracts on the blockchain platform using the decentralized finance defi and the ido method |
| topic | partnership contracts defi blockchain ido islamic banking |
| url | https://ifr.isu.ac.ir/article_76742_ac385c0b34f8f55bf65a66233bea7915.pdf |
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